Digesting what the Fed said

Published: June 16, 2022, 2:48 p.m.

As expected, the US Federal Reserve yesterday implemented a king-size rate hike\xa0 of .75%. The European Central Bank is following suit with a queen-size .25% increase. US stocks rallied after the Fed's move. Is that confirmation that the Fed is now serious about tackling soaring prices? CNN's Christine Romans joins the show to discuss.\nTo learn more about how CNN protects listener privacy, visit cnn.com/privacy\nLearn more about your ad choices. Visit megaphone.fm/adchoices