NJ Spotlight News
Business Report: Fed still plans interest-rate hikes
Clip: 3/2/2022 | 3m 1sVideo has Closed Captions
An expected interest-rate hike later this month would be the first since 2018
Jerome Powell, chair of the Federal Reserve, Wednesday said the economic consequences of Russia's invasion of Ukraine, and the sanctions that followed, are highly uncertain. Powell made the statement when giving congressional testimony on the economy. For now, Powell said, the Fed will proceed carefully with planned interest-rate hike.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Business Report: Fed still plans interest-rate hikes
Clip: 3/2/2022 | 3m 1sVideo has Closed Captions
Jerome Powell, chair of the Federal Reserve, Wednesday said the economic consequences of Russia's invasion of Ukraine, and the sanctions that followed, are highly uncertain. Powell made the statement when giving congressional testimony on the economy. For now, Powell said, the Fed will proceed carefully with planned interest-rate hike.
Problems playing video? | Closed Captioning Feedback
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