Economists Bet Against Interest Rate Hike By The Federal Reserve

Email a Friend
Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference Dec. 17, 2014 at the headquarters of Federal Reserve Board of Governors in Washington, D.C. (Alex Wong/Getty Images)
From

The Federal Reserve will announce at 2 p.m. ET on Wednesday whether it plans to resume raising interest rates in September.

Most economists are betting that Fed Chair Janet Yellen will wait until the end of the year.

Here & Now’s Jeremy Hobson speaks with economist Diane Swonk about the Fed’s upcoming decision.

Note: We updated this story at 2 p.m. ET. You can listen here.

Guest

Diane Swonk, DS Economics. She tweets @DianeSwonk.

Copyright 2016 NPR. To see more, visit http://www.npr.org/.