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PBS Newshour

Inflation remains high, raising fears of interest rate hikes

6m 22s

The August inflation report is out and the U.S. Labor Department says overall consumer prices rose 8.3% from a year ago. That's slightly lower than July's increase, but amid fears of more interest rate hikes, it led to Wall Street's worst day since June 2020. Economist Julia Coronado of MacroPolicy Perspectives joined Judy Woodruff to discuss.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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