Fed's Yellen says global risks could pose US growth threat
Falling stock prices, uncertainty over China and global reassessment of credit risk could throw US economy off track
- Topics:
- Federal Reserve
- Banks
- Janet Yellen
- U.S.
- Economy
Falling stock prices, uncertainty over China and global reassessment of credit risk could throw US economy off track
The world is suffering from lack of aggregate demand, and central bank policies aren’t helping
Economic prospects for 2016 look far less optimistic than the Fed’s action suggests
The vote signifies that the Fed deems the economy strong enough to lose the crutch of near-zero rates since Dec 2008
Modest increase of a quarter point signals further rate increases will likely be made slowly as economy improves
Slight increase in borrowing costs could stymie job growth and slow down the economic recovery
Low-wage workers are campaigning against a Federal Reserve interest rate hike. Patricia Sabga reports
Fed Chairwoman Janet Yellen says the economy is ripe for an interest rate hike. Patricia Sabga reports
Labor Department said employers added 211,000 jobs in November; pay gains remained modest
Ali Velshi challenges former Reagan economic adviser Art Laffer’s opinions