Federal Reserve

Despite turmoil in Washington and hints from Federal Reserve officials that stocks may be overvalued, markets have proved surprisingly resilient. The indices have been rising fairly steadily all year, and measures of volatility are low. Why is that? Click the audio player above to hear the full story.

Treasury yields have dropped to the lowest they’ve been since November. What’s driving rates down? And what does that mean for U.S. consumers, U.S. businesses and the chair of the Federal Reserve?  Click the audio player above to hear the full story.

President Trump is reversing his positions on some key economic issues, as a Wall Street Journal interview revealed: China (no longer calling it a currency manipulator); the Export-Import Bank (supports it); Federal Reserve Chair Janet Yellen (likes her, would like to see interest rates stay low), to name a few. What’s behind all this? Is […]