7NEWS Update - Thursday June 16, 2022: Sharp interest rate rise in the US; power crisis deepens

America's Federal Reserve has raised its main interest rate by 0.75%, the sharpest rise in almost 30 years; the east coast's energy crisis has taken a dramatic turn, with the Energy Market Operator seizing control of the power supply in five states; and children in New South Wales and Victoria will have access to an extra year of free education, with 'pre-kindergarten' to be introduced. Presented by Jodie Spears. More news across the day on 7NEWS.com.au and 7Plus. Hosted on Acast. See acast.com/privacy for more information.