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Inflation remains high, raising fears of interest rate hikes

Inflation remains stubbornly high, raising fears of more interest rate hikes

09/13/2022

PBS News Hour

Inflation remains high, raising fears of interest rate hikes

Clip: 9/13/2022 | 6m 22sVideo has Closed Captions

Inflation remains stubbornly high, raising fears of more interest rate hikes

The August inflation report is out and the U.S. Labor Department says overall consumer prices rose 8.3% from a year ago. That's slightly lower than July's increase, but amid fears of more interest rate hikes, it led to Wall Street's worst day since June 2020. Economist Julia Coronado of MacroPolicy Perspectives joined Judy Woodruff to discuss.

09/13/2022

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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