Mortgage rates just hit a 12-year high – CNN

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The economies of Russia, Ukraine and China are all expected to shrink, adding to the global economic setback. CNN’s Anna Stewart reports. “,”descriptionText”:”The International Monetary Fund has cut its global growth forecast in half, citing the war in Ukraine. The economies of Russia, Ukraine and China are all expected to shrink, adding to the global economic setback. CNN’s Anna Stewart reports. “},{“title”:”How China’s lockdowns may affect the US economy”,”duration”:”02:18″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/18/us-inflation-china-economy-supply-chain-egan-sot-newsroom-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/18/us-inflation-china-economy-supply-chain-egan-sot-newsroom-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220418022542-shanghai-lockdown-file-041722-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/18/us-inflation-china-economy-supply-chain-egan-sot-newsroom-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”CNN’s Matt Egan explains how the downward direction that China’s economy is headed toward resulting from lockdowns can negatively impact the supply chain crisis and inflation in the US. “,”descriptionText”:”CNN’s Matt Egan explains how the downward direction that China’s economy is headed toward resulting from lockdowns can negatively impact the supply chain crisis and inflation in the US. “},{“title”:”China’s economy headed downward as lockdowns tighten”,”duration”:”03:01″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/18/china-economy-gdp-covid-lockdowns-jiang-first-move-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/18/china-economy-gdp-covid-lockdowns-jiang-first-move-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220131130425-china-economy-pandemic-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/18/china-economy-gdp-covid-lockdowns-jiang-first-move-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”China’s economy is worsening as Shanghai reports three Covid deaths amid strict lockdown measures. CNN’s Steven Jiang reports how the recent deaths may be putting authorities in a bind amid the country’s zero Covid policy and how the lockdown is starting to dampen the city’s economic growth.”,”descriptionText”:”China’s economy is worsening as Shanghai reports three Covid deaths amid strict lockdown measures. CNN’s Steven Jiang reports how the recent deaths may be putting authorities in a bind amid the country’s zero Covid policy and how the lockdown is starting to dampen the city’s economic growth.”},{“title”:”What the Fed needs to do as recession looms over US economy”,”duration”:”05:27″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/15/recession-us-economy-federal-reserve-qmb-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/15/recession-us-economy-federal-reserve-qmb-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220415134051-bill-dudley-former-federal-reserve-bank-ny-president-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/15/recession-us-economy-federal-reserve-qmb-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The Fed is late in handling inflation, Former President and CEO of the Federal Reserve Bank of New York Bill Dudley says. Dudley explains what the Fed needs to do as the US faces risk of a recession. “,”descriptionText”:”The Fed is late in handling inflation, Former President and CEO of the Federal Reserve Bank of New York Bill Dudley says. Dudley explains what the Fed needs to do as the US faces risk of a recession. “},{“title”:”Yellen sends warning to countries ‘indifferent’ to Russian sanctions”,”duration”:”02:33″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/13/yellen-russian-sanctions-china-sot-qmb-intl-vpx.cnn/index.xml”,”videoId”:”business/2022/04/13/yellen-russian-sanctions-china-sot-qmb-intl-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220413101432-us-treasury-secretary-janet-yellen-atlantic-council-special-address-0413-screenshot-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/13/yellen-russian-sanctions-china-sot-qmb-intl-vpx.cnn/video/playlists/business-economy/”,”description”:”Global economic analyst Rana Foroohar spoke with CNN’s Richard Quest about US Treasury Secretary Janet Yellen’s warning to other countries, specifically China, about working with Russia despite sanctions.”,”descriptionText”:”Global economic analyst Rana Foroohar spoke with CNN’s Richard Quest about US Treasury Secretary Janet Yellen’s warning to other countries, specifically China, about working with Russia despite sanctions.”},{“title”:”Why the inflation report is concerning”,”duration”:”02:36″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/13/inflation-economy-russia-invasion-egan-sot-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/13/inflation-economy-russia-invasion-egan-sot-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220411144625-us-inflation-0310-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/13/inflation-economy-russia-invasion-egan-sot-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Consumer prices have been rising and multiple factors are influencing the shape and direction of the US economy. CNN’s Matt Egan reports. “,”descriptionText”:”Consumer prices have been rising and multiple factors are influencing the shape and direction of the US economy. CNN’s Matt Egan reports. “},{“title”:”Inflation hits highest level in 40 years”,”duration”:”04:12″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/12/march-inflation-rate-high-romans-newday-sot-vpx.cnn/index.xml”,”videoId”:”business/2022/04/12/march-inflation-rate-high-romans-newday-sot-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220411160535-consumer-price-inflation-march-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/12/march-inflation-rate-high-romans-newday-sot-vpx.cnn/video/playlists/business-economy/”,”description”:”Consumer price inflation has hit 8.5% in March, according to the latest data released from the Bureau of Labor Statistics. CNN’s Christine Romans breaks down rising costs and what may be in store for the US economy.”,”descriptionText”:”Consumer price inflation has hit 8.5% in March, according to the latest data released from the Bureau of Labor Statistics. CNN’s Christine Romans breaks down rising costs and what may be in store for the US economy.”},{“title”:”Soaring food prices are pushing food banks to the brink”,”duration”:”02:56″,”sourceName”:”CNN”,”sourceLink”:”https://cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/10/food-banks-food-prices-rise-cohen-pkg-vpx.cnn/index.xml”,”videoId”:”business/2022/04/10/food-banks-food-prices-rise-cohen-pkg-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220410084228-food-pantry-large-169.jpeg”,”videoUrl”:”/videos/business/2022/04/10/food-banks-food-prices-rise-cohen-pkg-vpx.cnn/video/playlists/business-economy/”,”description”:”As costs are rising across the US, some food banks are forced to ration supplies leaving vulnerable Americans struggling to survive. CNN’s Gabe Cohen reports.”,”descriptionText”:”As costs are rising across the US, some food banks are forced to ration supplies leaving vulnerable Americans struggling to survive. CNN’s Gabe Cohen reports.”},{“title”:”‘We will be destitute’: Middle class hit with rising medical costs”,”duration”:”02:56″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/08/rising-medical-costs-inflation-impact-on-middle-class-america-newday-yurkevich-vpx.cnn/index.xml”,”videoId”:”business/2022/04/08/rising-medical-costs-inflation-impact-on-middle-class-america-newday-yurkevich-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220408063410-mcgarity-interview-still-rising-medical-costs-yurkevich-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/08/rising-medical-costs-inflation-impact-on-middle-class-america-newday-yurkevich-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Vanessa Yurkevich reports on middle class Americans struggling to pay for rising medical costs caused by record-high inflation.”,”descriptionText”:”CNN’s Vanessa Yurkevich reports on middle class Americans struggling to pay for rising medical costs caused by record-high inflation.”},{“title”:”Analysis: The Fed is late to inflation and they know it”,”duration”:”01:31″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn/index.xml”,”videoId”:”business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330065545-01-federal-reserve-03162022-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Matt Egan says that the minutes released by the Federal Reserve bank indicate that they will be pumping the brakes on the economy and have been slow to react to inflation.”,”descriptionText”:”CNN’s Matt Egan says that the minutes released by the Federal Reserve bank indicate that they will be pumping the brakes on the economy and have been slow to react to inflation.”},{“title”:”Why the US could be headed toward a recession”,”duration”:”04:03″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness/index.xml”,”videoId”:”business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220405133414-deutsche-bank-economist-matthew-luzzetti-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness/video/playlists/business-economy/”,”description”:”The US will face a recession, says Deutsche Bank’s Chief US Economist Matthew Luzzetti. He points to “imbalances in the economy” as factors and explains what the Fed would need to do.”,”descriptionText”:”The US will face a recession, says Deutsche Bank’s Chief US Economist Matthew Luzzetti. He points to “imbalances in the economy” as factors and explains what the Fed would need to do.”},{“title”:”Families hitting the road for vacations despite skyrocketing prices”,”duration”:”02:44″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn/index.xml”,”videoId”:”business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220401091545-natasha-chen-vacation-price-increase-pkg-nd-vpx-00024004-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn/video/playlists/business-economy/”,”description”:”Ready for a vacation? It may cost more than you think. CNN’s Natasha Chen breaks down the factors causing vacation prices to skyrocket.”,”descriptionText”:”Ready for a vacation? It may cost more than you think. CNN’s Natasha Chen breaks down the factors causing vacation prices to skyrocket.”},{“title”:”‘Strong hiring across the board’: Romans breaks down March jobs report”,”duration”:”01:42″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220331152347-march-us-jobs-report-hospitality-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The US economy added 431,000 jobs in March, bringing the unemployment rate to a new pandemic-era low of 3.6%. CNN’s Christine Romans breaks down the Bureau of Labor Statistics report.”,”descriptionText”:”The US economy added 431,000 jobs in March, bringing the unemployment rate to a new pandemic-era low of 3.6%. CNN’s Christine Romans breaks down the Bureau of Labor Statistics report.”},{“title”:”See how inflation is affecting renters and homeowners across the US “,”duration”:”03:15″,”sourceName”:”CNN”,”sourceLink”:”https://cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330071748-yurkevich-pkg-stills-inflation-large-169.jpeg”,”videoUrl”:”/videos/business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn/video/playlists/business-economy/”,”description”:”Renters and homeowners are faces rising prices due to the supply chain backup creating a rise in prices for construction supplies. CNN’s Vanessa Yurkevich reports. “,”descriptionText”:”Renters and homeowners are faces rising prices due to the supply chain backup creating a rise in prices for construction supplies. CNN’s Vanessa Yurkevich reports. “}],’js-video_headline-featured-18sbdoq’,”,”js-video_source-featured-18sbdoq”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length