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PBS News Hour

Raising interest rate, Fed sees stronger economy

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.
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November 14, 2024 - PBS News Hour full episode
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