Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

After almost 10 years of shopping, the Fed gets ready to shrink its assets

Jun 15, 2017
Federal Reserve Chair Janet Yellen on Wednesday discussed the Fed’s plans for its balance sheet. That’s the list of all the assets it owns, and it is huge: $4.5 trillion worth. The plan is to slowly shrink that down by a few billion dollars a month, starting soon. Here’s how the Fed came to own […]

The Fed's labor market index aims to give a bigger picture of the economy

May 8, 2017
The Fed today publishes its Labor Market Conditions Index for the month of April. The release follows Friday’s news that the unemployment rate dropped to 4.4 percent last month, near a 10-year low. The index, which Janet Yellen started releasing publicly in 2014, goes further than just looking at the unemployment rate and payroll job […]

The Trump effect on the Federal Reserve

May 3, 2017
The president could appoint as many as five new interest-rate-setting governors.
What types of people will President Trump appoint to the Federal Reserve’s Board of Governors?
SAUL LOEB/AFP/Getty Images

Weekly Wrap: Janet Yellen and Donald Trump's economic plans

Mar 17, 2017
Nela Richardson of Redfin and Cardiff Garcia of FT Alphaville join us for the Weekly Wrap to discuss the week’s business and economic news. This week is all about Janet Yellen and Donald Trump. While Yellen’s Federal Reserve increased interest rates, Trump released his budget proposal aimed at cutting funds for government agencies and increasing […]
Federal Reserve Board Chairwoman Janet Yellen announced this week the Federal Reserve will increase interest rates.
Win McNamee/Getty Images

Why some say Fed interest rate hikes are premature

Mar 16, 2017
But wages are starting to rise, Chair Janet Yellen says.
Rising wages are "a signal that we’re coming closer to our maximum employment objectives," Federal Reserve Chair Janet Yellen said at a briefing yesterday.
BRENDAN SMIALOWSKI/AFP/Getty Images

Janet Yellen's job explained in five questions

Mar 15, 2017
The Fed chair is not shy about explaining what is and is not the job of the U.S. central bank.
Interest rates aren't the only thing Fed Chair Janet Yellen is concerned about on daily basis.
Mark Wilson/Getty Images

The Fed is raising rates. Here's how it'll affect you.

Mar 15, 2017
It's a quarter-percent increase, with two more expected this year.
 Flags fly over the Federal Reserve Building.
Mark Wilson/Getty Images

For public good, not for profit.

Fed chairs and presidents: a history of rocky relationships

Mar 13, 2017
President Donald Trump and the Fed have had a bit of an up-and-down relationship even before he became president. At one point, he accused Fed Chair Janet Yellen of keeping interest rates low to help President Barack Obama. Another time, he said raising rates would be a disaster. To be fair, he has also said […]

Weekly Wrap: Two big speeches

Mar 3, 2017
Trump on the economy and Yellen on interest rates.
President Donald Trump addresses a joint session of Congress on Tuesday.
Chip Somodevilla/Getty Images

How small is too big to fail?

Feb 16, 2017
President Donald Trump has said he wants to roll back much of the Dodd-Frank financial reform law that Congress passed after the financial crisis. Smaller regional banks have honed in on one part of Dodd-Frank they would like to change: the rule on how big a bank has to be for it to be considered […]