Powell Says Data Will Determine Size of Next Rate Increase

P.M. Edition for March 8. Federal Reserve Chair Jerome Powell says that economic data will guide how big the Fed’s next rate hike will be, but the high cost of borrowing is weighing on the spring housing market. Housing reporter Nicole Friedman joins host Annmarie Fertoli to discuss. Plus, the U.S. is investigating whether a pro-Ukranian group played a role in last year’s Nord Stream natural gas pipeline explosions. Learn more about your ad choices. Visit megaphone.fm/adchoices