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NBC News Fed Chair Powell addresses interest rate increase, 'strongly committed' to reducing inflation
This version of Fed Chair Powell Addresses Interest Rate Increase Strongly Committed To Reducing Inflation 144913989767 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
01:00 Federal Reserve Chairman Jerome Powell spoke to reporters after the announcement of an interest rate increase of 0.75% in hopes to combat inflation. July 27, 2022
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Federal Reserve, now chaired by Kevin Warsh, leaves interest rates unchanged 02:51
Bank of America CEO Brian Moynihan on how Americans are spending their money 02:37
Elon Musk becomes first trillionaire after SpaceX IPO 02:48
Trump Says 'I Love the Inflation' as Consumer Price Index Rises 01:50
The World Cup hotel boom may not be happening — and neither may the expected economic windfall 02:50
U.S. economy adds 172,000 jobs in May, unemployment steady at 4.3% 02:47
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