Watch CBS News

Federal Reserve raises interest rates again

The Federal Reserve raised interest rates Wednesday for the seventh time this year. However, the latest rate hike is slightly lower than the last several increases. CBS News chief White House correspondent Nancy Cordes; Javier David, a CBS News contributor and managing editor of business and markets for Axios; and J.D. Durkin, a host for financial news website TheStreet, discussed the latest move from the nation's central bank.
Dec 14, 2022 (14:17)
Videos
View CBS News In
CBS News App Open
Chrome Safari Continue