Up Next
Back to Show
PBS News Hour
Fed chair says ‘time has come’ to cut interest rates
Financial markets rallied Friday after Fed Chairman Jerome Powell said that it’s time to start cutting interest rates. The question now is by how much, and how quickly fed policymakers will act. Powell said inflation is low enough and that the bigger threat to the economy is now a weakening jobs market. John Yang speaks with Rachel Siegel, who covers the Fed for The Washington Post, for more.
Support Provided By
56:46
Wednesday on the NewsHour, millions of Americans feel a price pinch as inflation in the United States reaches a thirty-year high.
56:44
Friday on the NewsHour, moderate Democrats' demands leave the House vote on the president's spending bill in limbo.
57:46
Wednesday on the NewsHour, President Joe Biden weighs in on the surprising results from Tuesday's key races.
57:46
Friday on the NewsHour, President Joe Biden kicks off an overseas trip, meeting with key world leaders as the fate of his domestic agenda remains uncertain.
57:46
Thursday on the NewsHour, the president unveils the framework of his now $1.75 trillion domestic spending bill, and calls for party unity.
56:45
Wednesday on the NewsHour, Democrats scramble after a key senator breaks with the president on raising taxes on America's wealthiest to pay for the spending bill.
57:46
Tuesday on the NewsHour, President Joe Biden holds high stakes talks at the White House with key factions of his party amid growing concerns about his domestic agenda.
57:46
Wednesday on the NewsHour, "PBS NewsHour" talks with U.S. Commerce Secretary Gina Raimondo as delays in shipments from overseas pushes inflation to hit record highs.
57:46
Tuesday on the NewsHour, top medical experts warn bleeding risks for some older Americans may outweigh the benefits of taking aspirin daily.
57:17
Tuesday on the NewsHour, a former Facebook employee testifies to Congress about the tech giant's harms and lack of accountability.
57:46
Monday on the NewsHour, a look into the deepening standoff between President Joe Biden and Senate Republicans over raising the debt ceiling.
57:46
Wednesday on the NewsHour, the president's economic agenda hangs in the balance as negotiations intensify between Democrats on Capitol Hill and the White House.