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MoneyWatch: Markets tumble a day after the Fed's interest rate hike

Name: MoneyWatch: Markets tumble a day after the Fed's interest rate hike
Uploaded: 2022-05-05T16:00:11-0400
Duration: 5 min 46 s
Description: Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.

Stock markets tumbled a day after the Federal Reserve announced an interest rate hike to combat inflation. Gargi Chaudhuri, head of iShares Investment Strategy, Americas at Blackrock, joins CBS News' Tanya Rivero and Mola Lenghi to break down the trading day and the Fed's decision.