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Federal Reserve increases interest rates to battle record inflation

Duration: 02:32Views: 9KLikes: 128Date Created: May, 2022

Channel: CBS Evening News

Category: News & Politics

Tags: housing costusd valuenashvillehousing marketinterest ratesloansreal estateeconomyfederal reservesteep increaseinflation

Description: With the Federal Reserve introducing the steepest interest rate increase since 2000, prospective home owners are struggling to adjust. U.S. housing prices are up nearly 40% since March 2019, forcing many Americans out of their communities. Mark Strassmann has more. #MortgageRates #InterestRates #News "CBS Weekend News" and "CBS Evening News with Norah O'Donnell" deliver the latest news and original reporting, and goes beyond the headlines with context and depth. Catch the "CBS Evening News" every weekday night at 6:30 p.m. ET on the CBS Television Network and at 10 p.m. ET on the CBS News app. Subscribe to the "CBS Evening News" YouTube channel: bit.ly/1S7Dhik Watch full episodes of "CBS Evening News": cbsn.ws/23XekKA Follow "CBS Evening News" on Instagram: bit.ly/1T8icTO Like "CBS Evening News" on Facebook: on.fb.me/1KxYobb Follow "CBS Evening News" on Twitter: bit.ly/1O3dTTe Download the CBS News app: cbsn.ws/1Xb1WC8 Try Paramount+ free: bit.ly/2OiW1kZ For video licensing inquiries, contact: licensing@veritone.com

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