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To the Point

Will the Fed Raise Interest Rates?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 16 September 2015

⏱️ 52 minutes

🧾️ Download transcript

Summary

Record-low interest rates have helped lift the economy out of the Great Recession, but now there's worry about inflation. Would a rate-increase threaten employment? This week, Janet Yellin and the Federal Reserve are pondering a crucial decision.

Transcript

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0:00.0

Hey, I'm Josh Barrow, your new host of Left, Right, and Center.

0:02.9

Every week, join Rich Lowry, Bob Shear and Me for a contentious yet civilized debate of the week's big political stories, from ISIS to the U.S. economy to this 47 candidate presidential election we're having.

0:13.7

You can find Left, Right, and Center on KCRW's iTunes page.

0:18.2

From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point.

0:25.9

The Federal Reserve, the economy, and you. Hello again, I'm Armin Alney, and this is To the Point from

0:35.5

Public Radio International. A daily look at the issues Americans care about most.

0:39.4

Wall Street, the banks, business, and organized labor are all waiting to see if Janet

0:43.7

Yellen and the Federal Reserve will raise interest rates tomorrow.

0:46.9

They're only talking about a quarter of 1%, but that's a lot when rates are close to zero

0:51.3

as they've been for the past nine years.

0:54.1

Those who want to see an increase are worried about inflation, those who want to keep zero as they've been for the past nine years. Those who want to see an

0:54.8

increase are worried about inflation. Those who want to keep things as they are say a hike would be

0:59.4

bad for employment. We'll hear what's at stake for the prices you pay and the security of your job,

1:04.8

not to mention business investment and profit. Today's talking point, military bases on foreign soil, good or bad for America. First,

1:15.0

here's the news.

1:19.6

Listen to KCRW's 24-hour all-news channel. Stream BBC World Service, NPR and KCRW programs, continuous coverage and accessible

1:30.4

via our smartphone app or online at KCRW.com.

1:38.4

Support for To the Point comes from the members of KCRW and from the Public Radio International Program Fund.

1:45.4

Hello again, Mormon. I'll knee back with To the Point.

1:47.6

Record low interest rates have helped lift the economy out of the Great Recession,

1:51.5

but now there's worry about inflation.

1:53.6

Would a rate increase threaten employment?

...

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