Sep 21, 2017

09/21/2017: How wise would a December interest rate hike be?

HTML EMBED:
COPY

(Markets Edition) The Fed didn't raise interest rates at its meeting yesterday, but it looks like it just might in December. But is that the best choice given the series of natural disasters that have been hitting the western hemisphere lately? Diane Swonk from DS Economics shares her thoughts with us. Afterwards, we'll look at whether the Fed will take any enforcement action against Wells Fargo following the bank's fake accounts scandal. Plus: We chat with Edwin Melendez, director of CUNY's Center for Puerto Rican Studies, about the challenges Puerto Rico will face in the aftermath of Hurricane Maria.

Segments From this episode

Fed Chair Janet Yellen: Wells Fargo's actions are "unacceptable"

Sep 21, 2017
Federal Reserve Chair Janet Yellen said the Fed is prepared to take action against Wells Fargo but won’t say when. For its part, Wells Fargo said it’s committed to making things right for its customers and is eliminating sales goals for retail bankers in its branches and call centers.   Stories You Might Like 03/22/2018: What to […]

(Markets Edition) The Fed didn’t raise interest rates at its meeting yesterday, but it looks like it just might in December. But is that the best choice given the series of natural disasters that have been hitting the western hemisphere lately? Diane Swonk from DS Economics shares her thoughts with us. Afterwards, we’ll look at whether the Fed will take any enforcement action against Wells Fargo following the bank’s fake accounts scandal. Plus: We chat with Edwin Melendez, director of CUNY’s Center for Puerto Rican Studies, about the challenges Puerto Rico will face in the aftermath of Hurricane Maria.

The team

Stephen Ryan Producer, BBC