CLIP: Federal Reserve Interest Rate Increase
AIR DATE: Thursday, December 17, 2015
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.
- Monetary Policy and the Economy (Video - 1 hr)
Federal Reserve Chair Janet Yellen spoke to reporters following a quarterly meeting of the Federal Open Market Committee. She officially announced and explained an increase in the key federally-controlled interest rate, and then took questions from reporters on the decision.
- Health of the U.S. Economy (Video Clip - 4 min)
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.
- Economics Bell Ringers (Members Only)
- Economics Lesson Plans (Members Only)
PEOPLE IN THIS VIDEO:
- Jeanna Smialek
Economy, Interest Rates, Federal Reserve, Janet Yellen, Financial Crisis, Inflation, Jobs, Income