Why the Fed raised rates and how it affects consumers
Clip: 3/15/2017 | 4m 5s
The Federal Reserve has entered a new phase of confidence.
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 a closer look at what the Fed is seeing with David Wessel of the Brookings Institution.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Why the Fed raised rates and how it affects consumers
Clip: 3/15/2017 | 4m 5s
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 a closer look at what the Fed is seeing with David Wessel of the Brookings Institution.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...