With so much going on in the world, Marketplace is here for you. Support public news for public good. Donate Today!

How the Fed has changed

Jul 12, 2018
A brief look at how five Fed chairs shifted the culture of the central bank.
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill Feb. 27, 2018 in Washington, D.C. 
Chip Somodevilla/Getty Images

Fed Chair Jay Powell: We’re “independent of political considerations”

Jul 12, 2018
In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.
Jerome Powell listens as President Trump announces Powell as nominee for Chairman of the Federal Reserve in the Rose Garden of the White House in Washington, DC, November 2, 2017.
SAUL LOEB/AFP/Getty Images

New York Fed names John Williams as its next president

Apr 3, 2018
He will play an important role in the future Federal Open Market Committee decisions.

Williams picked as next president of New York Fed

Apr 3, 2018
He succeeded Janet Yellen as chair of the San Francisco Federal Reserve in 2015.
San Francisco Federal Reserve President John Williams.
Rob Kim/Getty Images

Workers from out of state and other countries have helped Texas, study says

Apr 3, 2018
The Texas economy has grown about twice as fast as the rest of the country over the past decade, according to the Federal Reserve Bank of Dallas. And a new report by the Dallas Fed finds one reason is that immigrants are helping to power the state’s economy. Click the audio player above to hear […]

Fed raises key rate and foresees 2 more hikes this year

Mar 21, 2018
The Fed also increased its estimate for rate hikes in 2019 from two to three, reflecting an expectation of faster growth and lower unemployment.
Jerome Powell arrives to takes the oath of office as he is sworn-in as the new Chairman of the Federal Reserve (FED) at the Federal Reserve Building in Washington, D.C., Feb. 5, 2018.
SAUL LOEB/AFP/Getty Images

The Fed rethinks its inflation target

Jan 9, 2018
The Federal Reserve has two main jobs: maximize employment and keep prices stable. That second piece, stable prices, has meant the Fed tries to keep inflation at 2 percent. Former Fed Chair Ben Bernanke made that target the explicit goal about six years ago, but it’s been unofficial far longer than that. Lots of other […]

For public good, not for profit.

What the Fed may be weighing this week as it eyes short-term interest rates

Dec 11, 2017
A big date on the economic calendar this week: the Federal Reserve’s Open Market Committee meeting Dec. 12 and 13. We’ll find out Wednesday whether it’s raising short-term interest rates again. An important piece of the economic puzzle landed on today with the November jobs report. It showed unemployment at a low 4.1 percent and […]

Is this the right time for a tax cut?

Dec 1, 2017
The GOP tax cuts may add about 0.8 percent to GDP growth during the next 10 years, according to several budget models. But that’s economic growth for an economy that’s already heating up. And you know who you call when the economy gets too hot? The Federal Reserve. It’s the Fed’s job to come in […]

How much money is there in the world?

Oct 30, 2017
Depending on how money is defined, the answer ranges from a few trillion to tens of trillions of dollars.
Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013 in Washington, D.C.
Mark Wilson/Getty Images