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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.

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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…

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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…

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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…

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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?…

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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…

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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.

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Dec 14

Watch 8:48
News Wrap: Silicon Valley comes to Trump Tower

By PBS News Hour

In our news wrap Wednesday, President-elect Donald Trump met with leaders of tech giants like Amazon, Google and Facebook, saying he will personally be there for them. During the campaign, he chastised the industry for sending jobs overseas. Also, short-term…

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Dec 14

Federal Reserve raises key interest rate and signals more to come in 2017

By Kristen Doerer

The Federal Reserve decided today to raise its benchmark interest rate .25 percent, a move widely expected by investors and economists. So what does the move mean for you?…

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Dec 12

Column: Why the Fed may aggressively raise rates in 2017

By Terry Burnham

To understand Janet Yellen’s motivation, consider that it has been seven years since the last U.S. recession ended. Since World War II, recessions have arrived about once every six years. Another recession is coming; the only unknown is the date.

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Full Episode
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