| Clip Of Federal Reserve Chair News Conference

Fed Chair: Inflation is Much Too High

In announcing the biggest increase in interest rates in 22 years (half a percentage point), Federal Reserve Chair Jerome Powell says "inflat… read more

In announcing the biggest increase in interest rates in 22 years (half a percentage point), Federal Reserve Chair Jerome Powell says "inflation is much too high" and that it needs to be brought under control if the economy is to sustain a strong labor market. Chairman Powell says he and his colleagues at the Fed "understand the hardship" caused by rising prices and says additional rate hikes can be expected in the future. close

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Fed Chair: Inflation is Much Too High

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Program ID:
519938-1
Category:
News Conference
Format:
News Conference
Location:
Washington, District of Columbia, United States
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Fed Chair: Inflation is Much Too High

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