Inflation remains high despite Federal Reserve's efforts
Clip: 10/13/2022 | 3m 58sVideo has Closed Captions
Inflation remains stubbornly high despite Federal Reserve's efforts to stabilize costs
The latest inflation numbers are still above 8%, a 40-year high with prices rising for housing, medical care, new cars, air travel and more. It will almost surely mean another significant interest rate hike in a few weeks. Economist Diane Swonk of the professional services firm KPMG joined Amna Nawaz to discuss what's behind this persistent inflation.
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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...
Inflation remains high despite Federal Reserve's efforts
Clip: 10/13/2022 | 3m 58sVideo has Closed Captions
The latest inflation numbers are still above 8%, a 40-year high with prices rising for housing, medical care, new cars, air travel and more. It will almost surely mean another significant interest rate hike in a few weeks. Economist Diane Swonk of the professional services firm KPMG joined Amna Nawaz to discuss what's behind this persistent inflation.
Problems playing video? | Closed Captioning Feedback
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