The Federal Reserve’s Open Market Committee, the FOMC, gathers on Tuesday and Wednesday for its first meeting of 2019, to set interest rates and try to keep the economy on an even keel. Back in mid-2018 the U.S. economy was running really hot and the Fed was raising interest rates to try and prevent overheating. Then in December, the market tanked and the government partially shut down, throwing a few wrenches into the machine. Now there’s another complication: The Fed is missing key economic reports that weren’t released during the partial government shutdown.
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.