Economy Dec 12 November inflation dips as gas prices fall, but services and used cars remain expensive By Christopher Rugaber, Associated Press
Economy Jan 30 Federal Reserve prepares for smaller hike, but may hint of fewer increases The Federal Reserve is poised this week to raise its benchmark interest rate for an eighth time since March. But the Fed will likely announce a smaller hike for a second straight time, and it could change some key wording… By Christopher Rugaber, Associated Press
Nation Dec 14 Watch 6:58 News Wrap: New government in Peru suspends basic rights to quell protests In our news wrap Wednesday, the new government in Peru declared a state of emergency and suspended basic rights to quell violent protests, a storm system reached the upper Midwest and the Deep South where tornadoes killed a woman and… By PBS NewsHour
Economy Dec 14 Watch 5:39 After raising interest rates again, Federal Reserve warns more hikes likely in 2023 After announcing another half-point interest rate hike, Federal Reserve Chair Jay Powell indicated more hikes are on the way in 2023. This comes as inflation shows signs of slowing gradually, but there are again concerns the Fed is not going… By Geoff Bennett, Dorothy Hastings
Economy Nov 30 Watch 7:37 Some economists concerned aggressive interest rate hikes do more harm than good The Federal Reserve has raised interest rates six times this year and Fed Chair Jay Powell suggested that a seventh hike, albeit a smaller one, is on the way next month. But some Democrats and economists worry the Fed hit… By William Brangham
Sep 21 Watch 4:51 As Fed raises interest rates to combat inflation, central banks around the world follow By Paul Solman The Federal Reserve raised interest rates once again, adding to the sharpest series of hikes since the 1980s. So far, the Fed has increased rates by three points this year and Chair Jerome Powell says there's more to come. Other… Continue watching
Jun 19 Watch 3:32 News Wrap: Ethnic mass killing in Ethiopia claims more than 200 lives In our news wrap Sunday, an ethnic mass killing in Ethiopia has claimed the lives of more than 200 Amhara people, Treasury Secretary Janet Yellen expects an economic slowdown but not necessarily a recession, voters in Colombia head to the… Continue watching
Jun 16 Analysis: What the Fed’s largest interest rate hike in decades means for you By D. Brian Blank, The Conversation The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers. Continue reading
Nov 22 Watch 6:30 A second Powell term will make economy run ‘hotter,’ expert says. Here’s what that means President Joe Biden nominated Jay Powell for a second term as Federal Reserve chairman Monday. While U.S. job growth has been better than expected, inflation is at its highest in decades. Both are concerns Powell, and Lael Brainard as vice… Continue watching
Sep 30 WATCH: Treasury Secretary Yellen and Fed Chair Powell testify on pandemic recovery By News Desk and Christopher Rugaber, Associated Press Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are expected to testify before the House Committee on Financial Services on Thursday about the pandemic recovery. Continue reading