Fed raises interest rates to combat rising prices

6m 48s

The Federal Reserve raised interest rates significantly again Wednesday in a bid to put the brakes on inflation. The economy is no longer running nearly as hot as it did last year, but Fed Chair Jerome Powell said it was crucial to tame high prices by raising rates later this year, and said he hopes a recession can be avoided. Economics correspondent Paul Solman reports.

Previews + Extras

  • New evidence tracks COVID's origin to Wuhan market: asset-mezzanine-16x9

    New evidence tracks COVID's origin to Wuhan market

    S2022 E211 - 6m 35s

    From the start of the pandemic, scientists have tried to determine exactly where and how the novel coronavirus spread to humans. New studies conclude the virus first emerged from a live-animal market in Wuhan, China. One of the authors of a study, Angela Rasmussen, a virologist at University of Saskatchewan's Vaccine and Infectious Disease Organization, joins William Brangham to discuss.

  • Hundreds rescued from devastating flooding in St. Louis area: asset-mezzanine-16x9

    Hundreds rescued from devastating flooding in St. Louis area

    S2022 E211 - 3m 38s

    In Missouri, state and local officials have declared a state of emergency due to severe flooding in St. Louis and the surrounding areas, where historic rainfall turned streets and highways into rivers. Emergency crews rescued hundreds of residents across the region and dozens more fled their homes amid rising waters. Communities reporter Gabrielle Hays joins Judy Woodruff to discuss.

  • Justice Department examines Trump's conduct in Jan. 6 probe: asset-mezzanine-16x9

    Justice Department examines Trump's conduct in Jan. 6 probe

    S2022 E211 - 5m 30s

    New reports indicate that the Department of Justice is investigating former President Donald Trump’s actions as part of its larger criminal probe into the Jan. 6 attacks on the U.S. Capitol. Former federal prosecutor Renato Mariotti joins Judy Woodruff to discuss.

  • Pope apologizes for abuse at Indigenous schools in Canada: asset-mezzanine-16x9

    Pope apologizes for abuse at Indigenous schools in Canada

    S2022 E211 - 6m 29s

    Pope Francis continues his week-long tour of Canada where he’s apologizing for the Catholic Church’s role in running residential schools — very similar to ones across the United States — that tried to eradicate Native cultures. While the pope’s apology was welcomed, Indigenous leaders and former students say it’s only the first step toward healing a painful past. William Brangham reports.

  • Ada Limón on becoming the new U.S. poet laureate: asset-mezzanine-16x9

    Ada Limón on becoming the new U.S. poet laureate

    S2022 E211 - 6m 3s

    Ada Limón has been named the nation's new poet laureate. Jeffrey Brown recently met with Limón to learn more about her life’s path, one that includes backyard groundhogs, Kentucky bluegrass, pokeweed and plenty of poetry. It's part of our arts and culture series, "CANVAS."

  • White House offers Russia deal to release American prisoners: asset-mezzanine-16x9

    White House offers Russia deal to release American prisoners

    S2022 E211 - 9m 12s

    The U.S. is now offering to trade prisoners with Russia to bring home basketball star Brittney Griner and Paul Whelan, a former U.S. Marine from Michigan. Michael McFaul, former U.S. ambassador to Russia during the Obama administration, and Jonathan Franks, a crisis management specialist who worked to free a former U.S. Marine from Russia earlier this year, join Amna Nawaz to discuss.

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