Dow rallies as Federal Reserve announces new programs to boost economy

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Inflation soars 7% in December, highest jump since 1982
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President Biden reaches year's end with growing list of successes
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Biden administration extends pause on federal student loan payments until May
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UP NEXT
Rep. Katie Porter and her white board explain strength of Biden economy
08:20
Biden Chief of Staff on what needs to happen to turn public opinion
08:29
Before the Trump coup attempt, a chilling, prescient warning
08:49
White House: Biden will 'absolutely' continue to push for voting rights
07:16
Velshi: This is one of the strongest job markets in a generation. But inflation can ruin it all
03:14
Ali Velshi: Economy ‘is in pretty good shape’ despite inflation
05:40