Inflation June 15, 2022 4:33 pm Powell: Another .75% Interest Rake Hike in July Seems Likely “We’ve seen financial conditions tighten,” Federal Reserve Chair Jerome Powell said Wednesday. “The next meeting could very well be about decision between 50 and 75 [basis points].” US & World Videos 5:49 Kelly Clarkson hilariously attempts handmade pasta with chef Evan Funke 1:36 O.J. Simpson's cause of death revealed 2:03 Does Shakira still believe in love following Gerard Piqué split? 2:36 Super dad makes Mario-themed obstacle course for son's birthday 1:59 Ellen DeGeneres jokes about being ‘kicked out of show business'