PBS NewsHour

Fed raises interest rates in effort to tame inflation

Clip: 03/16/2022 | 5m 26s | Video has closed captioning.

In addition to Wednesday's hike in a key interest rate, the Federal Reserve also signaled it expects to continue to raise rates through the year. Nick Timiraos, chief economics correspondent for The Wall Street Journal and author of a new book on the Fed's pandemic response called "Trillion Dollar Triage, joins John Yang to discuss.

Aired: 03/16/22

Rating: NR

Problems Playing Video? | Closed Captioning

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