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PBS News Hour

Raising interest rate, Fed sees stronger economy

Season 2016 Episode 3490 | 4m 32s

The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane Swonk of Diane Swonk Economics about the decision, as well as possible coming conflict with the Trump administration.

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 Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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