Skip to main content
Back to Show
PBS News Hour

Markets drop as Fed signals it's not done raising rates yet

In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's decision. But a forecast of further increases next year prompted stocks to dive. Judy Woodruff talks to David Wessel of the Brookings Institution for analysis.

Sign up now for inspiring and thought-provoking media delivered straight to your inbox.
Support Provided By
Season
June 7, 2025 - PBS News Weekend full episode
24:09
June 7, 2025 - PBS News Weekend full episode
June 6, 2025 - PBS News Hour full episode
57:46
June 6, 2025 - PBS News Hour full episode
June 5, 2025 - PBS News Hour full episode
57:46
June 5, 2025 - PBS News Hour full episode
June 4, 2025 - PBS News Hour full episode
57:46
June 4, 2025 - PBS News Hour full episode
June 3, 2025 - PBS News Hour full episode
57:46
June 3, 2025 - PBS News Hour full episode
June 2, 2025 - PBS News Hour full episode
57:46
June 2, 2025 - PBS News Hour full episode
June 1, 2025 - PBS News Weekend full episode
24:09
June 1, 2025 - PBS News Weekend full episode
May 31, 2025 - PBS News Weekend full episode
24:09
May 31, 2025 - PBS News Weekend full episode
May 30, 2025 - PBS News Hour full episode
56:34
May 30, 2025 - PBS News Hour full episode
May 29, 2025 - PBS News Hour full episode
57:46
May 29, 2025 - PBS News Hour full episode
May 28, 2025 - PBS News Hour full episode
57:46
May 28, 2025 - PBS News Hour full episode
May 27, 2025 - PBS News Hour full episode
57:46
May 27, 2025 - PBS News Hour full episode
Active loading indicator