Final Note

Fed minutes reveal looming interest rate hikes

Kai Ryssdal Jul 8, 2015
HTML EMBED:
COPY
Final Note

Fed minutes reveal looming interest rate hikes

Kai Ryssdal Jul 8, 2015
HTML EMBED:
COPY

Just to bring it back home with all the global news of late: the Federal Reserve released the minutes of its most recent meeting today.

I’m just going to quote them, because Fed minutes are some good reading, I’m here to tell you.

“Members thus saw economic conditions as continuing to approach those consistent with warranting a start to the normalization of the stance of monetary policy.”

Or, in other words, interest rate hikes are coming before the end of the year.

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.