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Interest Rate Increase

Only Available in Archive Formats.
Interest Rate Increase

Interest Rate Increase

Interest Rate Increase

Only Available in Archive Formats.

Host Bob Edwards talks to Steve Cauley, Associate Director of the Real Estate Center at the Anderson School at UCLA about the interest rate increase. Yesterday the Federal Reserve raised interest rate by half point, pushing a key rate to its highest level in nine years. Federal policy-makers signaled they were prepared to move even more aggressively if needed to fight inflation.

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