How interest rate hikes impact bonds and stock prices
Clip: 11/02/2022 | 7m 17s | Video has closed captioning.
With the sixth interest hike this year, it's been decades since the Federal Reserve has acted this aggressively to slow inflation. Markets reacted strongly to Fed Chair Jay Powell saying rates will be higher than previously expected. Swings tied to interest rates can be hard to understand and it affects people's net worth. Economics correspondent Paul Solman helps break down how investors see it.
Aired: 11/02/22
