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CLIP: Federal Reserve Interest Rate Increase


AIR DATE: Thursday, December 17, 2015
OVERVIEW:

Federal Reserve Chair Janet Yellen announced that the central bank will raise interest rates for the first time since 2006. Jeanna Smialek, economic reporter for Bloomberg News, spoke by phone about the announcement.
 

RELATED ARTICLE:
 

ADDITIONAL RESOURCES:
 

  • Monetary Policy and the Economy (Video - 1 hr)
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    Brendan Duke and Stan Veuger talked about the overall health of the U.S. economy. Topics included the unemployment rate, consumer spending, and a possible Federal Reserve interest rate increase.
     
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PEOPLE IN THIS VIDEO:
 

  • Jeanna Smialek
    Reporter
    Bloomberg News->Economics
KEYWORDS: Economy, Interest Rates, Federal Reserve, Janet Yellen, Financial Crisis, Inflation, Jobs, Income