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Federal Reserve pushes interest rates to highest point since 2007

Name: Federal Reserve pushes interest rates to highest point since 2007
Uploaded: 2023-05-03T18:37:00-0400
Duration: 2 min 26 s
Description: The Federal Reserve pushed interest rates to the highest point since 2007 to combat inflation. Critics warn the hikes could lead to a recession. Nancy Cordes reports.

The Federal Reserve pushed interest rates to the highest point since 2007 to combat inflation. Critics warn the hikes could lead to a recession. Nancy Cordes reports.