To understand Janet Yellen’s motivation, consider that it has been seven years since the last U.S. recession ended. Since World War II, recessions have arrived about once every six years. Another recession is coming; the only unknown is the date.
By Terry Burnham
Federal Reserve Board Chairwoman Janet Yellen will hold a news conference where she is expected to announce the Fed's interest rate decision. PBS NewsHour will live stream the event, scheduled for 2:30 p.m. EST.
By Kristen Doerer
Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former…
By Simone Pathe
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…
By PBS NewsHour
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