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Federal Reserve chairman talks labor market progress ahead of interest rate hike
Catch up with NBC News Clone on today's hot topic: Federal Reserve Chairman Jerome Powell Talks Labor Market Progress Ahead Of Interest Rate Hike 131764293746 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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During a press conference Federal Reserve Chairman Jerome Powell spoke about strong labor markets and the economy. This comes as the Federal Reserve signaled it will hike interest rates soon. CNBC’s Morgan Brennan explains how a future interest rate hike affects both consumer prices and things like consumer loans. Jan. 26, 2022