Up Next
Back to Show
PBS News Hour
Fed implements highest interest rate hike in decades
The Federal Reserve on Wednesday ramped up its efforts to fight inflation with a notable interest rate hike. Officials voted to raise rates by three-quarters of a point, a jump higher than expected just a week ago. Fed chair Jerome Powell acknowledged the ongoing rate hikes might slow growth later this year, as the Fed projected unemployment would rise to 4 percent by 2024. Paul Solman reports.
Support Provided By
57:46
January 30, 2026 - PBS News Hour full episode
57:46
January 29, 2026 - PBS News Hour full episode
57:46
January 28, 2026 - PBS News Hour full episode
57:46
January 23, 2026 - PBS News Hour full episode
57:46
January 27, 2026 - PBS News Hour full episode
57:46
January 22, 2026 - PBS News Hour full episode
57:46
January 26, 2026 - PBS News Hour full episode
57:46
January 21, 2026 - PBS News Hour full episode
57:46
January 20, 2026 - PBS News Hour full episode
57:46
January 19, 2026 - PBS News Hour full episode
57:46
January 16, 2026 - PBS News Hour full episode
56:46
January 15, 2026 - PBS News Hour full episode