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NBC Nightly News with Lester Holt
NIGHTLY 6:30/5:30c

Stock market takes a tumble following interest rate increase

CLIP05/05/22
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The Federal Reserve raised interest rates yesterday by half a percent to try and slow inflation followed by a big gain of more than 900 points for the Dow Jones Industrial Average. A day later, many on Wall Street are reconsidering the Fed’s actions wondering if it’ll be able to slow inflation without putting the economy in a recession. Today, markets dropped, wiping out yesterday’s gains.

Appearing:Lester Holt
Tags: health, International News, Lester Holt, Making A Difference, NBC Nightly News, National News, news, nightly news, U.S. News, Breaking News, Evening News, politics, World News
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