The Fed Makes a Decision on Interest Rates

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Since the Federal Reserve dropped the benchmark interest rates almost to zero, the financial world has been waiting for them to go up again. This week, the Open Market Committee, chaired by Reserve Chair Janet Yellen, has been meeting. Moments ago, they made an announcement. There will not be an increase. Neil Irwin is senior economics correspondent for The Upshot at the New York Times.




Warren Olney