What to expect after Fed raises interest rates in 2022
Clip: 12/15/2021 | 7m 16sVideo has Closed Captions
Why the Fed will raise interest rates in 2022, and how soon consumers will feel hikes
Federal Reserve officials announced Wednesday they are prepared to fight inflation with as many as three rate hikes, starting next spring, in an effort to cool persistently high inflation. Its benchmark rate, which affects borrowing, lending and economic growth, has been near zero since the start of the pandemic in a bid to boost the recovery. Judy Woodruff gets more from economist Julia Coronado.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
What to expect after Fed raises interest rates in 2022
Clip: 12/15/2021 | 7m 16sVideo has Closed Captions
Federal Reserve officials announced Wednesday they are prepared to fight inflation with as many as three rate hikes, starting next spring, in an effort to cool persistently high inflation. Its benchmark rate, which affects borrowing, lending and economic growth, has been near zero since the start of the pandemic in a bid to boost the recovery. Judy Woodruff gets more from economist Julia Coronado.
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