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PBS News Hour
What effect would an interest rate hike have on US wallets?
If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.
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Wednesday on the NewsHour, the Federal Reserve signals an increase in interest rates as inflation rises.
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Tuesday on the NewsHour, President Joe Biden taps the strategic oil reserve to try to ease gas prices as millions of Americans travel for the holidays.
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Friday on the NewsHour, Kyle Rittenhouse is cleared on all charges in a case that sparked national debate over racial injustice, guns and self-defense.
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Thursday on the NewsHour, the House of Representatives is on the verge of passing the president's Build Back Better bill.
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Monday on the NewsHour, President Joe Biden signs his $1 trillion bipartisan infrastructure bill into law as the future of the rest of his agenda remains in doubt.
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Friday on the NewsHour, negotiations go down to the wire at the global climate summit but meaningful agreements remain elusive.
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