Jan 06 Watch 8:26 Fighting the debt trap of triple-digit interest rate payday loans By PBS News Hour Payday loans are supposed to be a short-term quick fix for those who can't get traditional credit. But the loans are rarely actually short-term, and borrowers frequently need to take out a second loan to pay off the first. Special… 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 16 Fed raises interest rates for first time in nearly 10 years By Kristen Doerer Federal Reserve Board Chairwoman Janet Yellen will hold a news conference where she is expected to announce the Fed's interest rate decision. PBS NewsHour will live stream the event, scheduled for 2:30 p.m. EST. Continue reading
Nov 09 Column: Why the cure for a sluggish economy is actually longer vacations By Dean Baker What if we could boost the economy with longer vacations? Or with paid family leave? With shorter workweeks?… Continue reading
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 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
May 10 Chinese central bank announces further rate cuts By Daniel Costa-Roberts In an effort to counteract an ongoing economic slowdown, China's central bank cut interest rates for the third time in six months… Continue reading