PBS NewsHour

Raising interest rate, Fed sees stronger economy

Clip: 12/14/2016 | 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.

Aired: 12/14/16

Rating: NR

Problems Playing Video? | Closed Captioning

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

Support provided by: