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 0:53 Police in New Jersey wrangle runaway “ham-some” pig 1:07 Britney Spears spotted as authorities respond to alleged hotel incident 2:15 Prince William and Kate Middleton ‘going through hell,' friend claims (report) 8:01 Lady Gaga's outfit changes, Rihanna's bold looks and more iconic Met Gala moments 2:48 Taylor Swift fans react to Jake Gyllenhaal and Sabrina Carpenter's ‘SNL' appearance