Monetary Policy and the Economy
2017-03-15T14:29:40-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNDVlXC8yMDE3MDMxNTE0MzMzNDAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Federal Reserve Chair Janet Yellen briefed reporters on a variety of economic issues following a two-day meeting of the Federal Open Market Committee. She announced an increase in the benchmark short-term interest rate from .25 percent to one percent, marking the central bank’s third increase since the Great Recession from December 2007 to June 2009. Chair Yellen said the message is that “the economy is doing well,” citing decreasing unemployment.
Federal Reserve Chair Janet Yellen briefed reporters on a variety of economic issues following a two-day meeting of the Federal Open Market … read more
Federal Reserve Chair Janet Yellen briefed reporters on a variety of economic issues following a two-day meeting of the Federal Open Market Committee. She announced an increase in the benchmark short-term interest rate from .25 percent to one percent, marking the central bank’s third increase since the Great Recession from December 2007 to June 2009. Chair Yellen said the message is that “the economy is doing well,” citing decreasing unemployment. close
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