Federal Reserve chairman talks labor market progress ahead of interest rate hike
04:34
Link copied
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
UP NEXT
South Carolina store owner charged in fatal shooting of teen
03:02
102-year-old World War II veteran returns to Normandy
02:14
Search for children missing in Colombia plane crash yields hope
02:15
Olympic wrestlers arrested in India amid growing protests
06:53
Man charged in murder of New Jersey councilwoman
03:15
Biden praises debt ceiling bill passage as a 'bipartisan compromise'