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.
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour
Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe
