Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT 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?

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.