The countdown is on- we need to raise $200,000- help us reach our goal by midnight. Donate Now

Interest rates are inching up

Marketplace Staff Dec 14, 2016
HTML EMBED:
COPY

Interest rates are inching up

Marketplace Staff Dec 14, 2016
HTML EMBED:
COPY

Federal Reserve Chair Janet Yellen and her colleagues on the Federal Open Market Committee raised short-term interest rates today, up a quarter of a percent from the 0.5 percent they’ve been at all year.

We were at the press conference, which you can hear a bit of in the audio player above. You might be wondering: why should I care?

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

The countdown is on 

We’re trying to raise $200,000 by midnight! Help us reach our goal.