Federal Reserve Chair Holds News Conference
During a news conference, Federal Reserve Chair Jerome Powell announced an interest rate hike of half a percentage point. This increase is s… read more
During a news conference, Federal Reserve Chair Jerome Powell announced an interest rate hike of half a percentage point. This increase is smaller than those from earlier in the year. Looking ahead to 2023, Chair Powell predicted more rate increases to address high inflation. Other topics included stagflation, the unemployment rate, and labor shortages in certain sectors. close
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Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
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Fed Chair Announces Half Percentage Point Rate Hike
Federal Reserve Chair Jerome Powell announces a half percentage point rate hike, saying there is more work to be done to…
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