Fed Raises Interest Rates, Signals Six More Hikes This Year

P.M. Edition for March 16. The Federal Reserve is raising interest rates for the first time since 2018. In addition to high inflation, the Fed is facing new uncertainty due to the crisis in Ukraine. Michael Derby, a special writer for WSJ Pro Central Banking, joins host Annmarie Fertoli to discuss. Plus, Ukrainian President Volodymyr Zelensky delivers an emotional plea to Congress. Learn more about your ad choices. Visit megaphone.fm/adchoices