Fed Interest Rate Hike Sends Markets Plunging

611 views · Published 20 December 2018 · 2:17 · Indexed 11 October 2026

Channel: KPIX | CBS NEWS BAY AREA · 2018 · News & Politics

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The Federal Reserve announced the fourth interest rate increase of 2018, hiking the benchmark short term rate by a quarter point and helping send stocks lower. Veronica De La Cruz reports. (12/19/18)

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