Analysts don’t know what legal authority — if any — President Donald Trump can use to compel banks to cap rates at 10%, but they do think there will be negative consequences for consumers.
“Marketplace” host Kai Ryssdal spoke to Alan Blinder, former Vice Chair of the Federal Reserve Board of Governors, about what the investigation might mean for the future of the Fed and monetary policy.
Here’s how small businesses are looking at the two prongs of the Federal Reserve’s dual mandate — keeping prices stable and employment steady — after news of the DOJ probe.
A cloudy outlook for consumer demand is causing many business owners to limit their growth plans out of caution. But keeping growth in check can have upsides.