News Wrap: Fed Chair Powell defends aggressive rate hikes, admits recession is possible
In our news wrap Wednesday, Federal Reserve Chair Jerome Powell pledged to raise interest rates enough to douse inflation without sparking a recession, Russian artillery battered Kharkiv in Ukraine’s northeast, Sri Lanka’s prime minister declared his nation’s economy is in…
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Stocks plummet in worst day since pandemic began as ‘economic forecast darkens’
The stock market had its worst day since the start of the pandemic on Thursday, just one day after the Dow Jones Industrial Index average posted its best day since 2020. Washington Post columnist Catherine Rampell joins Judy Woodruff to…
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