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Turkey raises interest rates to stem currency crisis

by Tracey Samuelson May 23, 2018
The Turkish lira has been on a wild slide recently. It dropped 5 percent against the dollar Wednesday, its biggest loss in nearly a decade, before the country’s Central Bank stepped in with an emergency meeting that reversed some of…

Trump's Fed chair nominee is a lot like Yellen. So why replace her?

by Kai Ryssdal and Sean McHenry Nov 2, 2017
The key difference? Jerome Powell was selected by Trump and Yellen wasn't.
President Donald Trump nominated Jerome Powell for Federal Reserve chair.
AFP PHOTO / NICHOLAS KAMM

A fully public Fed?

by , and Aug 26, 2016
Protesters on the left, as well as some economists, want to revamp the Fed.
A view of the Federal Reserve Bank of St. Louis, one of the 12 regional Reserve Banks.
Matthew Black/Flickr

There's no one magic number for the Fed

by Annie Baxter Dec 15, 2015
We're as sure as we can be that a rate hike is going to happen, but how big will it be?