Jan 26 What Would Happen if the Fed Decided to Raise Interest Rates? Question/Comment: A stupid question, perhaps, but here goes. Okay, lowering the overnight rate to 0.25 percent doesn’t seem to have worked very well. What would happen if the Fed decided to RAISE the rate… Continue reading
Nov 26 What is Islamic Banking? Question/Comment: I was reading an article about Islamic banking in Malaysia, and I was surprised to find out that these Islamic banks were affected little if any with this bad lending that is going on in U.S. and in the… Continue reading
May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses… Continue watching