Unemployment claims fall despite rising inflation, recession fears
ABC News’ Deirdre Bolton breaks down first-time unemployment claims falling slightly last week, despite worsening fears about recession, spiraling inflation and pain at the pump.
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Federal Reserve preparing to issue more interest rate hikes
ABC News Washington correspondent Alex Presha discusses how the White House is addressing concerns the U.S. could be heading toward a recession.
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Federal Reserve hikes interest rate by 0.75%
The rate hike of 0.75% marks the largest increase since 1994.
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