Sep 04 Watch 4:18 Is the economy strong enough for an interest rate raise? By PBS News Hour Though unemployment fell to its best place since early 2008, the number of jobs created in August was quite modest, falling below expectations. Combined with the volatility of the market and worries over sluggish wage growth, how will the Federal… Continue watching
Aug 27 Watch 4:36 Is it still too early to raise interest rates? By PBS News Hour Will the Federal Reserve raise interest rates next month? It's a much debated question amid some good U.S. economic news, as well as the Chinese market turmoil. As the Fed meets for its annual retreat, Judy Woodruff takes a closer… Continue watching
Jun 17 Watch 5:23 News Wrap: Congress tries to resurrect trade bill; Fed says interest rates may soon rise By PBS News Hour In Wednesday’s news wrap, President Obama and top Republicans are attempting to resurrect a trade bill many had thought was dead. Also, the Fed indicates that it may raise interest rates later this year, and AT&T is slapped with a… Continue watching
Apr 17 G-20 finance officials confronting global weakness, market instability By Martin Crutsinger, Associated Press WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring… Continue reading
Mar 18 Watch 4:25 News Wrap: Fed opens possibility of interest rate hike By PBS News Hour In our news wrap Wednesday, the Federal Reserve said it was open to raising interest rates, but the job market must improve and inflation has to move closer to 2 percent for a rate hike. Also, gunmen attacked Tunisia’s National… Continue watching
Mar 18 Somewhere between patient and impatient, Fed looks to June rate hike By Simone Pathe At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,… Continue reading
Mar 17 Why you shouldn’t expect wages to rise any time soon By John Komlos For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But… Continue reading
Mar 14 The economics week in review with Nobel laureate Robert Solow By Paul Solman Paul Solman interviews Nobel laureate Robert Solow abut the week's economics news and looks ahead to the Federal Reserve's policy meeting next week. Continue reading
Mar 06 Wages are sore spot on strong February jobs report By Simone Pathe Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate… Continue reading
Mar 05 America can be a full-employment economy once again By John Komlos How close will February's unemployment rate come to "full employment"? Not close enough, argues economist John Komlos, who believes the right to life implies a right to a job. Komlos is the author of “What Every Economics Student Needs to… Continue reading