Jul 18 Column: What does it mean when the Fed says it should ‘normalize’? By Benjamin M. Friedman As the economy has returned to normal following the financial crisis and the unusually steep recession that it triggered, the Federal Reserve now represents its intended course as “normalizing” monetary policy. Harvard's Ben Friedman explains what the Fed means by… Continue reading
Feb 14 Yellen: Expect Fed to resume raising rates in coming months By Martin Crutsinger, Associated Press Federal Reserve Chair Janet Yellen pointed Tuesday to a solid U.S. job market and economy and said the Fed will likely resume raising interest rates in the next few months. Continue reading
Dec 14 Watch 4:32 Raising interest rate, Fed sees stronger economy and faces uncertain policy By PBS News Hour The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane… Continue watching
Dec 14 Watch 8:48 News Wrap: Silicon Valley comes to Trump Tower By PBS News Hour In our news wrap Wednesday, President-elect Donald Trump met with leaders of tech giants like Amazon, Google and Facebook, saying he will personally be there for them. During the campaign, he chastised the industry for sending jobs overseas. Also, short-term… Continue watching
Jan 21 Can the Fed really fight global economic instability? By Vikram Mansharamani Recent events in the global economy are increasing the likelihood that the Fed will have to reverse its course on raising interest rates. Continue reading
Dec 16 Why the Fed’s decision on interest rates probably doesn’t matter By Vikram Mansharamani We need to look at the big picture, and when we do, we might conclude today’s decision probably doesn’t matter that much. Continue reading
Sep 17 Column: We have met the enemy, and it is the Fed By Terry Burnham What the economy needs is not an end to the Federal Reserve’s interest rate policy, but rather an end to the Federal Reserve itself. Continue reading
Sep 17 What you need to know about the Fed’s potential interest rate hike By Vikram Mansharamani How can an interest rate set by the Federal Reserve affect you?… Continue reading
Mar 19 Yellen defends Fed’s decision to forgo unemployment threshold By Simone Pathe The Fed’s policy-making body, the Open Market Committee, announced Wednesday they will again draw down purchases of bonds by $10 billion. Monthly bond purchases will now decreases from $65 billion to $55 billion. Continue reading
Feb 23 Watch Transcripts reveal Fed reactions during 2008 economic crisis By PBS News Hour Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these… Continue watching