United States

The Fed, interest rates, and the US economy

The United States Federal Reserve Board building is shown behind security barriers in Washington October 28, 2014. The U.S. Federal Reserve this week will likely reinforce its stated willingness to wait a long while before hiking interest rates after a volatile month in financial markets that saw some measure of inflation expectations drop worryingly low.     REUTERS/Gary Cameron    (UNITED STATES - Tags: BUSINESS POLITICS) - RTR4BX4X

It seems like every time the Fed places a rate hike “on the table,” the economic data quickly weaken. Image: REUTERS/Gary Cameron

Pedro Nicolaci da Costa
Editorial Fellow, Peterson Institute for International Economics
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United StatesEconomic ProgressBanking and Capital Markets
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