Mid-day Update

PODCAST: The dual mandate

David Brancaccio Mar 19, 2014
HTML EMBED:
COPY
Mid-day Update

PODCAST: The dual mandate

David Brancaccio Mar 19, 2014
HTML EMBED:
COPY

Federal Reserve Chair Janet Yellen can expect questions about interest rates and unemployment when the Fed wraps up its two-day meeting. The Fed had promised to keep interest rates near zero, at least until unemployment hit 6.5 percent. Unemployment is currently at 6.7 percent and dropping (and the Fed has said it will likely look at other factors, too). 

Yellen is known as a proponent of transparency – but she’s expected to say as little as possible  about what those other factors might be

Plus, April 8 is the last day that Microsoft will offer technical support for its 12 year-old operating system, Windows XP. Much of that support means fixing bugs. So after that date, any computer running XP will be considerably more vulnerable to cyber-attacks. But who is still using Microsoft XP? Lots of us apparently: 20 percent of computers worldwide use XP. It’s the second most popular operating system behind Windows 7.

 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.