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.
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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.
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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.
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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.
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The greenback challenges Donald Trump’s agenda

Mar 2, 2017
 The U.S. dollar is moving full steam ahead. It’s on its longest winning streak since May. That’s because investors like U.S. economic fundamentals and because they’re betting on an interest-rate hike by the Federal Reserve in March. But the rising dollar is creating problems for President Donald Trump. Click the audio player above to hear […]

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 […]

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Trump set to make his mark on the Federal Reserve

Feb 14, 2017
Janet Yellen testified to Congress today about banking, interest rates and the economy. One issue she also addressed: vacancies on the interest-rate setting Federal Open Market Committee. Daniel Tarullo, Federal Reserve governor, resigned last week, leaving President Donald Trump with three openings to fill on the seven-member board. Tarullo was the point man on bank […]

A global selloff in bonds, and a Fed interest rate hike that could hit sub-prime borrowers hardest

There’s been a big selloff worldwide in bond markets since the Fed’s decision yesterday to hike interest rates. The yield on government bonds rose sharply in Germany, the U.K., Australia and Japan. In China bond futures fell so much exchange authorities halted trading of those securities. In fact, yields on long-term U.S. Treasuries have been […]
Traders on the floor of the New York Stock Exchange during the afternoon of January 27, 2016 in New York City. 
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Interest rates are inching up

Dec 14, 2016
Just a quarter of a percent, but still.