What’s the Fed saying about interest rates? We asked a linguist

Feb 20, 2019
Jessica Rett of UCLA helps us parse the central bank's language.
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Consumers are still confident in the economy, if their borrowing is any indication

Feb 8, 2019
A turbulent stock market, rising interest rates and the government shutdown didn’t do much to curb borrowing. Americans continued putting more money on their credit cards and taking out more loans for school and autos in December. Consumer credit grew 5 percent, up $17 billion, according to the latest monthly report from the Federal Reserve. […]
People have been spending more on their credit cards, and some are using buy-now, pay-later services, says Andrew Davidson with Comperemedia.
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5 things to know about GDP

Jan 30, 2019
Here's what those numbers reveal — and don't reveal — about the U.S. economy.
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It's time for the Federal Reserve's annual game of musical chairs

Jan 29, 2019
The Fed presents a united front when it makes decisions, but not everyone on the Federal Open Market Committee has a say on interest rates.
People wait for a press conference after the Federal Open Market Committee meeting in Washington, D.C., in 2017.
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How will shutdown affect Fed decision-making?

Jan 28, 2019
Fed Chairman Jerome Powell and the other members of the agency's Open Market Committee meet Tuesday for the first time this year.
Federal Reserve Chairman Jerome Powell and the other members of the agency's Open Market Committee meet Tuesday for the first time this year.
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Fed Gov. Lael Brainard on the longest shutdown in history

Jan 18, 2019
The economy has been "pretty healthy," she says, but the shutdown is one of the downside risks the Fed is watching.
"Every time that the economy gets to a shutdown or a debt limit, you really do sense that desire from Americans across the country for the government to function well, and to be predictable, and I think that's what we're seeing today. People want to go back to work. They want to get their paychecks. This is affecting communities all over the country," said member of the Federal Reserve Board of Governors Lael Brainard.
 
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Expanding economy has consumers feeling flush enough to keep borrowing

Jan 9, 2019
The Federal Reserve reports that outstanding consumer credit rose by $22 billion dollars in November, after an even bigger rise in October. That puts U.S. consumers on track to increase their total debt on credit cards, student-loans and car-loans by 6-3/4 percent this year. How might that record-high consumer debt impact the U.S. economy?  Click the […]

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Explaining the work of the Federal Reserve

Dec 25, 2018
Why the Fed is important for the economy and your personal budget.
 Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee on Nov. 28, 2017 on Capitol Hill in Washington, D.C.
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Japan stocks plunge, other Asia markets fall after U.S. losses

Dec 25, 2018
Shanghai is down almost 25 percent this year. Tokyo, Hong Kong and other markets are on track to end 2018 down more than 10 percent.
Pedestrians walk past a stock indicator board showing the share price index of the Tokyo Stock Exchange in Tokyo on Dec. 25, 2018.
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