Sep 25 3 things to watch with the Federal Reserve poised to raise interest rates By Martin Crutsinger, Associated Press The Federal Reserve is expected to raise interest rates Wednesday, but economists will also be watching for a signal that another hike is likely before the end of the year. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Mar 21 Federal Reserve raises key interest rate, says it expects 2 more hikes this year By Martin Crutsinger, Associated Press These steps show confidence that the economy remains sturdy nearly nine years after the Great Recession ended, officials said. Continue reading
Feb 21 Fed officials: Stronger economy boosts chance for rate hikes By Martin Crutsinger, Associated Press Federal Reserve officials at their January meeting believed that a brightening global economic picture and the effects of recently passed tax cuts had raised the prospect for solid growth and continued interest rate increases. Continue reading
Feb 02 Watch 2:49 What does Friday’s sweeping sell-off mean for Wall Street? By PBS News Hour Stocks plunged on Friday over fears that the Federal Reserve will accelerate interest rate hikes. The sell-off was driven by news that the economy added a net of 200,000 jobs in January, with wages rising at the fastest pace in… Continue watching
Jul 18 Column: What does it mean when the Fed says it should ‘normalize’? By Benjamin M. Friedman As the economy has returned to normal following the financial crisis and the unusually steep recession that it triggered, the Federal Reserve now represents its intended course as “normalizing” monetary policy. Harvard's Ben Friedman explains what the Fed means by… Continue reading
Jul 12 Watch 3:37 News Wrap: Yellen signals likely interest rate hike By PBS News Hour In the our news wrap Wednesday, Federal Reserve Chair Janet Yellen affirmed that short-term interest rates are likely to rise again in the coming months, but left the door open to change those plans. Also, Brazil's former president was convicted… Continue watching
Jun 14 Column: 5 ways higher interest rates could affect you By Teresa Ghilarducci The Federal Reserve moved to raise short-term interest rates on Wednesday. What does that mean for American households and American workers?… Continue reading
Mar 15 Watch 4:05 Why the Fed raised rates and how it affects consumers By PBS News Hour After years of holding interest rates at a near-zero level, the Federal Reserve has entered a new phase of confidence in the "robustness of the economy and its resilience to shocks," according to Fed Chair Janet Yellen. Jeffrey Brown takes… Continue watching
Mar 15 Federal Reserve raises key interest rate after solid jobs report By Kristen Doerer For the second time in three months, the Federal Reserve decided to raise its key interest rate a quarter point today. Continue reading