PBS NewsHour

Fed raises interest rates again in wake of bank failures

Clip: 03/22/2023 | 8m 3s  | Video has closed captioning.

The Federal Reserve raised interest rates again against the backdrop of troubles in the banking industry. The hikes are being blamed by some for weakening banks, but Fed policymakers stuck to their stance that higher rates are essential to bringing inflation under control. Kenneth Rogoff of Harvard University joined Amna Nawaz to discuss the decisions and the state of the economy.

Aired: 03/22/23

Rating: NR

Problems Playing Video? | Closed Captioning

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