Fed plans to fight inflation despite potential job loss
Clip: 8/26/2022 | 6m 46sVideo has Closed Captions
Why the Fed plans to keep aggressively fighting inflation even if it leads to job loss
Federal Reserve Chair Jerome Powell delivered a stark message Friday on inflation, warning that more interest rate hikes are coming and they're going to take a toll. Those statements came during the Fed's annual economic symposium in Jackson Hole, Wyoming. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joins William Brangham to discuss.
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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...
Fed plans to fight inflation despite potential job loss
Clip: 8/26/2022 | 6m 46sVideo has Closed Captions
Federal Reserve Chair Jerome Powell delivered a stark message Friday on inflation, warning that more interest rate hikes are coming and they're going to take a toll. Those statements came during the Fed's annual economic symposium in Jackson Hole, Wyoming. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution joins William Brangham to discuss.
Problems playing video? | Closed Captioning Feedback
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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...