What The Fed's Interest Rate Hike Might Mean For The Economy And Consumers03:44


The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point Wednesday, the second rate hike this year, and two more are expected. Fed Chair Jerome Powell said that the economy is doing "very well."

Here & Now's Jeremy Hobson speaks with Michael Regan (@Reganonymous), senior editor for Bloomberg News.

This segment aired on June 14, 2018.

Support the news

+Join the discussion

Support the news