Jul 10 Watch 5:20 News Wrap: Fed signals impending interest rate reduction In our news wrap Wednesday, the Federal Reserve gave its strongest signal yet that an interest rate cut is coming. Fed Chair Jerome Powell said growing economic "uncertainty" makes the case for a rate reduction, which would be the first… Continue watching
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
Jun 08 Column: What the U.S. dollar’s ups and downs mean for you By Vikram Mansharamani What forces are affecting the greenback — and more importantly, what do the moves mean for you?… Continue reading
May 20 Column: The world economy is running on monetary fumes By Benn Steil, Emma Smith Global growth is stalling, and central banks are running out of options. Continue reading
Mar 10 Here’s a finger-picking bluegrass song about the Fed’s plan for interest rates By Jon Shayne 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. Continue reading
Mar 10 How do negative interest rates work anyway? By Mohamed El-Erian The European Central Bank just lowered their interest rates further into negative territory. But how do negative interest rates anyway?… Continue reading
Mar 10 European Central Bank announces moves to boost eurozone economy By Kristen Doerer After meeting in Frankfort on Thursday, the European Central Bank announced a new six-point stimulus package aimed at improving the eurozone economy. 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 13 Watch 3:19 What effect would an interest rate hike have on U.S. wallets? By PBS News Hour 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… Continue watching
Jun 23 Watch News Wrap: Oil Containment Cap Removal a Setback for Gulf Effort 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… Continue watching