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The Situation Room with Wolf Blitzer and Pamela Brown

Americans brace for economic fallout as Fed hikes interest rates

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2866 Ratings

🗓️ 16 June 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Americans are bracing for impact after the Federal Reserve acts aggressively to tame surging inflation while creating new challenges for credit card users, home buyers, and so many other consumers. Also, Pence’s former chief of staff Marc Short joins to discuss the January 6th select committee's plans to zero in on Trump’s pressure to have Pence to overturn the 2020 presidential election. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:59.4

Happening now.

1:04.0

Americans are bracing for impact hours after a truly historic hike in interest rates.

1:10.0

The Federal Reserve acting aggressively to tame surging inflation

1:14.8

while creating new challenges for credit card users, homebuyers, and so many other consumers.

1:21.1

Also tonight on this, the eve of the next hearing, the January 6th

1:25.4

select committee reveals new information about its plans to zero in on the

1:29.8

Trump pressure campaign against then Vice president Mike Pence this hour.

1:35.1

I'll have an exclusive interview with Pence's former White House Chief of Staff Mark Short.

1:40.7

We just learned his recorded testimony is expected to be shown tomorrow and

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