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Fed expected to pause interest rate hikes Wednesday

Name: Fed expected to pause interest rate hikes Wednesday
Uploaded: 2023-06-14T07:39:00-0400
Duration: 4 min 40 s
Description: Inflation was lower in May, falling for the 11th straight month. And that could mean no more Federal Reserve interest rate hikes, at least for now. CBS News chief White House correspondent Nancy Cordes has more.

Inflation was lower in May, falling for the 11th straight month. And that could mean no more Federal Reserve interest rate hikes, at least for now. CBS News chief White House correspondent Nancy Cordes has more.