PBS

NJ Spotlight News

Business Report: Fed raises interest rates again

Clip: 07/27/2022 | 2m 56s

Loading Player...

The Federal Reserve’s decision to again aggressively raise interest rates by 3/4 of a percentage point comes at a pivotal time for the economy, with surging inflation causing hardship for both consumers and businesses. But by increasing interest rates, the Federal Reserve runs the risk of slowing the economy too much and potentially tipping it into recession.

Aired: 07/27/22 | Rating: NR

Watch Full length

More Extras From This Episode

See all Extras

More Episodes

See all Episodes

More News and Public Affairs Shows

Browse all News & Public Affairs Shows

Sign into PBS

By creating an account, you acknowledge that PBS may share your information with our member stations and our respective service providers, and that you have read and understand the Privacy Policy and Terms of Use.

Confirm Your Local Station

To help you find your favorite shows and great local content, we've selected a PBS station in your area.

Please confirm that WETA is your preferred local station, or choose another station below.