Write For Us

News Wrap: Fed Chair Powell defends aggressive rate hikes, admits recession is possible

Sponsored Post advertising Canada Persia
10 Views
Published
In our news wrap Wednesday, Federal Reserve Chair Jerome Powell pledged to raise interest rates enough to douse inflation without sparking a recession, Russian artillery battered Kharkiv in Ukraine's northeast, Sri Lanka's prime minister declared his nation’s economy is in complete collapse and asked for foreign assistance, and Yellowstone National Park partially reopened after record flooding.

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG  Find more from PBS NewsHour at https://www.pbs.org/newshour  Subscribe to our YouTube channel: https://bit.ly/2HfsCD6  Follow us: TikTok: https://www.tiktok.com/@pbsnews  
Twitter: http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour  
Facebook: http://www.pbs.org/newshour  Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe
Category
U.S. & Canada
Tags
afghanistan earthquake, federal reserve, federal reserve interest rates
Sign in or sign up to post comments.
Be the first to comment