@bizjournalism

The Reynolds Center Horizontal Logo In Color

Two Minute Tips

Will the Fed raise interest rates this week?

September 14, 2015

Share this article:

The Federal Reserve. Photo via Wikimedia Commons user AgnosticPreachersKid.

Federal Reserve watchers have waited all year for the central bank to raise interest rates. No doubt your editor has wondered the same thing.

The wait could be over this week — or not. USA TODAY says economists appear evenly split on whether the Fed will finally allow rates to go up.

If interest rates rise, that would spell an end to the extraordinarily low rates in place since the recession began in 2008. Low rates also have fueled a six-year bull market on Wall Street.

But the Fed’s caution could continue. Fed Chair Janet Yellen has predicted the group will raise rates before the end of the year. However, she has repeatedly said that the governors want data showing the health of the American economy, particularly when it comes to jobs.

On Friday, 11 of 19 economists and investment strategists surveyed by Action Economics predicted the Fed will delay the move after recent turmoil in financial markets.

If you’re tasked with covering the Fed meetings on Wednesday and Thursday, keep an eye on how global markets react. You also might listen for comments by President Obama and other federal officials about the economy.

Author

  • Micheline Maynard

    Micheline is a contributing columnist at the Washington Post concentrating on business and culture. She has written about flooding in Detroit, tainted water in Benton Harbor, nationwide shortages of restaurant staff, and vaccine hesitancy.

    View all posts

More Like This...

City scape view of multiple glass buildings

How financial institutions are using AI tools

Business journalists can find plenty of stories by exploring the transformative impact of artificial intelligence (AI) tools on the financial sector. AI is playing a

Two Minute Tips

Sign up now.
Get one Tuesday.

Every Tuesday we send out a quick-read email with tips for business journalism.

Subscribers also get access to the Tip archive.

Search

Get Two Minute Tips For Business Journalism Delivered To Your Email Every Tuesday

Two Minute Tips

Every Tuesday we send out a quick-read email with tips for business journalism. Sign up now and get one Tuesday.