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Raising interest rate, Fed sees stronger economy and faces uncertain policy
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…
Column: What the U.S. dollar’s ups and downs mean for you
What forces are affecting the greenback — and more importantly, what do the moves mean for you?…
Column: The world economy is running on monetary fumes
Global growth is stalling, and central banks are running out of options.
Here’s a finger-picking bluegrass song about the Fed’s plan for interest rates
What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy.
The European Central Bank just lowered their interest rates further into negative territory. But how do negative interest rates anyway?…
After meeting in Frankfort on Thursday, the European Central Bank announced a new six-point stimulus package aimed at improving the eurozone economy.
We need to look at the big picture, and when we do, we might conclude today’s decision probably doesn’t matter that much.
If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences…
In other news Wednesday, BP ran into new troubles in the Gulf when an accident at the damaged wellhead forced crews to remove the cap collecting the oil. Also, the Federal Reserve said it will hold interest rates at record…
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