Economy

NPR's Rachel Martin speaks with Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, about the largest Fed interest rate hike in 28 years.

The House Jan. 6 committee holds its third public hearing. Ukraine struggles to hold off Russian advances in the eastern Donbas region. The Federal Reserve announced a big jump in interest rates.

NPR's A Martinez talks to Brian Deese, director of the National Economic Council, about what the White House is doing to tamp down the highest rate of inflation in four decades and record gas prices.

The Federal Reserve wants to control inflation, and its number-one weapon is higher interest rates. The Fed is expected to announce another sharp jump in borrowing costs on Wednesday.

NPR's A Martinez speaks with Sarah Binder, a professor at George Washington University, about Federal Reserve Chairman Jerome Powell's approach to economic policy.

The Fed may announce another sharp jump in borrowing costs. Four states held primaries, with key races in South Carolina and Nevada. Ukraine requests that more heavy weapons be sent — and fast.