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News Wrap: Federal Reserve projects rate increases in 2023

News Wrap: Federal Reserve projects rate increases in 2023 as economy recovers from COVID

06/16/2021

PBS News Hour

News Wrap: Federal Reserve projects rate increases in 2023

Clip: 6/16/2021 | 5m 8sVideo has Closed Captions

News Wrap: Federal Reserve projects rate increases in 2023 as economy recovers from COVID

In our news wrap Wednesday, the Federal Reserve signaled it may raise a key, short-term interest rate — from near-zero — sooner than planned. The European Union called for lifting travel restrictions on Americans. North Korea's leader Kim Jong-un warned of extended COVID restrictions and food shortages. The U.S. Congress moved to give final approval to making "Juneteenth" a federal holiday.

06/16/2021

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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...

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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...

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