Washington Week

Soaring prices, tanking markets and the political fallout

Clip: 06/17/2022 | 8m 48s | Video has closed captioning.

The Federal Reserve raised interest rates this week by three-quarters of a percent to fight inflation, the largest hike in 28 years. Fed chair Jerome Powell also indicated that a similar rise could come in July if the economy doesn’t improve. Stocks tumbled in response to the historic action and Wall Street fell into bear market territory amid increased concerns that a recession may be looming.

Aired: 06/17/22

Rating: NR

Problems Playing Video? | Closed Captioning

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10 big stories Washington Week covered

Celebrating 50 Years

10 big stories Washington Week covered

Washington Week came on the air February 23, 1967. In the 50 years that followed, we covered a lot of history-making events. Read up on 10 of the biggest stories Washington Week covered in its first 50 years.

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