PBS NewsHour

How the economy upended expectations of a recession in 2023

It was a year in which many experts got a lot of things wrong about the economy. Many economists believed the Fed's battle to tame inflation with interest rate hikes would trigger high unemployment and a recession. Instead, inflation was cut in half, the economy added more than 2.5 million jobs and the S&P 500 rose to near record highs. Geoff Bennett discussed more with Roben Farzad.

How the economy upended expectations of a recession in 2023

5m 56s

  • April 24, 2024 - PBS NewsHour full episode: asset-mezzanine-16x9

    April 24, 2024 - PBS NewsHour full episode

    S2024 E116 - 57m 46s

    Wednesday on the NewsHour, the Supreme Court weighs whether federal protections for emergency abortions override a near-total ban at the state level. After months of wrangling in the House, President Biden signs a major foreign aid package that includes tens of billions of dollars for Ukraine. Plus, we meet evangelical Christians in Ukraine caught in the crosshairs of Russia's invasion.

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