CBS Evening News open - 1994-02-04
Channel: malgent
Uploaded:
Duration: PT265S
Read a transcript preview of “CBS Evening News open - 1994-02-04” from malgent, uploaded on 2026-02-19.
Transcript preview
Language: English (original, YouTube automatic captions)
[0:03] This is the CBS Evening News
[0:07] with Connie Chung in Portland, Oregon,
[0:09] and Dan Rather in New York.
[0:12] >> Good evening. The week is ending with
[0:14] some unsettling news about the US
[0:15] economy. The unemployment rate is up for
[0:18] the first time in months, and so are
[0:21] interest rates for the first time in
[0:23] years. On Wall Street, that news about
[0:26] interest rates, especially touched off a
[0:28] plunge in stock prices. CBS News
[0:30] economics correspondent Ray Brady begins
[0:32] our coverage.
[0:35] Behind closed doors, the Federal Reserve
[0:37] Board today raised short-term interest
[0:39] rates, just a quarter of 1 percentage
[0:41] point, but it's the first time the Fed
[0:43] has raised interes