❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

What the Fed may be weighing as it decides what to do about interest rates

Marielle Segarra Jul 29, 2019
HTML EMBED:
COPY
A view of the Federal Reserve building in Washington, D.C. Brendan Smialowski/AFP/Getty Images)

What the Fed may be weighing as it decides what to do about interest rates

Marielle Segarra Jul 29, 2019
A view of the Federal Reserve building in Washington, D.C. Brendan Smialowski/AFP/Getty Images)
HTML EMBED:
COPY

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.

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.