Dec 16 Watch 8:29 What the Fed’s interest rate hike means for your wallet By PBS News Hour The Federal Reserve is doing something it hasn't done since 2006: raising interest rates. The long-awaited announcement by Fed chair Janet Yellen hikes a key short-term rate from near zero. For a closer look at how the Fed made its… Continue watching
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
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 Fed Chair Janet Yellen on not raising rates By News Desk In a much anticipated announcement Thursday, the Federal Reserve said it would leave interest rates unchanged. Watch Fed Chair Janet Yellen's press conference on the announcement, scheduled for 2:30 p.m. EDT Thursday, on pbs.org/newshour. Continue reading
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
Apr 17 G-20 finance officials confronting global weakness, market instability By Martin Crutsinger, Associated Press WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring… Continue reading
Mar 18 Somewhere between patient and impatient, Fed looks to June rate hike By Simone Pathe At its March policy meeting, the Federal Open Market Committee refused to lay out a time table for raising interest rates, with Janet Yellen saying that a June rate hike is possible but not definitive. The Fed's economic forecasts, however,… Continue reading
Mar 17 Why you shouldn’t expect wages to rise any time soon By John Komlos For months, the thorn in the side of otherwise sunny jobs reports has been sluggish wage growth. As unemployment falls, wages are supposed to rise. Those expectations will likely play a role in the Fed's policy deliberations this week. But… Continue reading
Mar 06 Wages are sore spot on strong February jobs report By Simone Pathe Despite harsh winter weather, the economy added 295,000 jobs in February and the unemployment rate fell to its lowest since mid-2008. Those are signs of a recovering labor market that the Federal Reserve might use to justify an interest rate… Continue reading
Mar 04 Why this is only the beginning of the fight over the Fed By Simone Pathe Observers on both sides of the aisle agree that partisan bickering, especially over the Federal Reserve, is at an all-time high. Look for the debate over the Fed to play a key role in upcoming presidential nominating contests, says former… Continue reading