What the Fed may be weighing as it decides what to do about interest rates
Share Now on:
The Federal Open Market Committee, the monetary policymaking board at the Federal Reserve, meets this week. Every six weeks or so, the FOMC decides whether to raise interest rates, cut them or keep them where they are. That decision is not always straightforward.
Look at the data the Fed is working with currently: Unemployment is low. Consumer spending is high. But we’re also in a trade war with China, and growth is slowing around the world.
Click the audio player above to hear the full story.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?