Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
Federal Reserve risks recession by raising interest rates to fight inflation
Posted
July 26, 2022
Views
13,659
Likes
125
Engagement
0.92%
July 26, 2022
13,659
125
0.92%
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8:39Now PlayingThe Federal Reserve is expected to raise interest rates again this week by three-quarters of a point. Fed Chair Jerome Powell has made it clear he wants to substantially curb the rate of inflation. But there are serious concerns the Fed could overreact and tip the economy into a recession. Economist Paul Krugman, who's been writing about this in The New York Times, joins Judy Woodruff to discuss.
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