NJ Spotlight News
What the Federal Reserve's interest rate hike will mean
Clip: 2/2/2023 | 4m 20sVideo has Closed Captions
While the increase was modest, it could affect people's ability to borrow
The Federal Reserve raised interest rates Wednesday for the eighth time in a row, continues its rate-hiking cycle. This increase was a modest quarter of a percentage point, which is being taken as another sign that inflation pressures are easing. But the change could have a big impact on people's wallets, affecting their ability to borrow and save.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
What the Federal Reserve's interest rate hike will mean
Clip: 2/2/2023 | 4m 20sVideo has Closed Captions
The Federal Reserve raised interest rates Wednesday for the eighth time in a row, continues its rate-hiking cycle. This increase was a modest quarter of a percentage point, which is being taken as another sign that inflation pressures are easing. But the change could have a big impact on people's wallets, affecting their ability to borrow and save.
Problems playing video? | Closed Captioning Feedback
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Video has Closed Captions
Clip: 2/2/2023 | 1m 4s | State Department of Agriculture widens quarantine zone from 13 counties (1m 4s)
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Video has Closed Captions
Clip: 2/2/2023 | 4m 15s | Gov. Phil Murphy previously indicated he would sign the measure (4m 15s)
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Video has Closed Captions
Clip: 2/2/2023 | 4m 17s | NJ Transit had been accused of multiple violations of the Americans with Disabilities Act (4m 17s)
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Clip: 2/2/2023 | 4m 46s | Pre-cancerous polyps can lead to colon cancer (4m 46s)
Sayreville councilwoman fatally shot outside her home
Video has Closed Captions
Clip: 2/2/2023 | 52s | Councilwoman Eunice Dwumfour was found in her car. She had multiple gunshot wounds (52s)
Suspect arrested in Molotov cocktail attack on synagogue
Video has Closed Captions
Clip: 2/2/2023 | 1m 3s | A 26-year-old man from Clifton was charged with federal arson (1m 3s)
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS