Dec 16 Watch 8:29 What the Fed's interest rate hike means for your wallet By PBS News Hour The Federal Reserve is doing something it hasn't done since 2006: raising interest rates. The long-awaited announcement by Fed chair Janet Yellen hikes a key short-term rate from near zero. For a closer look at how the Fed made its… Continue watching
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
Dec 01 Congress reaches deal on 5-year transportation bill By Joan Lowy, Associated Press WASHINGTON — The House and Senate have reached agreement on a 5-year, $281 billion transportation bill that would increase spending to address the nation's aging and congested highways and transit systems — a legislative feat that lawmakers and President Barack… Continue reading
Oct 08 Watch 7:32 What it was like to head the Fed during the 2008 meltdown By PBS News Hour In “The Courage to Act,” former Federal Reserve chairman Ben Bernanke writes that the global economic collapse of 2008 could have resulted in a crisis akin to 1929 had he, his colleagues and policymakers around the world acted differently. He… Continue watching
Sep 17 Watch 4:35 Federal Reserve calls timeout on raising interest rates By PBS News Hour Interest rates will stay where they are for now, according to an announcement by the Federal Reserve. Jeffrey Brown speaks to Krishna Guha of Evercore ISI about why they came to that decision and what it could mean for the… Continue watching
Sep 17 Watch 54:21 PBS NewsHour full episode September 17, 2015 By PBS News Hour Thursday on the NewsHour, what the Fed’s decision on interest rates means for the economy. Also: highlights from the second Republican debate, General Motors reaches a settlement over faulty ignition switches, making sense of Pope Francis’ capitalism critique, an American-trained… Continue watching
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
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