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...
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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...