Amid global market shakiness, MSNBC’s Dorian Warren first looks back at where the U.S. economy has been within the last 10 years.
Interest rate hikes seem preemptive, says fmr. Obama Admin. Chief Economist Jared Bernstein. What the Fed’s thinking? Keep rates high so there’s slack to fall back on.
Fmr. Obama Admin. Chief Economist Jared Bernstein clears the air, stating The Federal Reserve System cannot directly create jobs but only lower the cost of borrowing. Roosevelt Institute Mike Konczal talks ‘Alphabet Soup’ of bailout programs.
The Fed Up campaign made their presence known in Jackson Hole, Wyoming hoping to convince the Republican Party that the Federal Reserve is ruining the economy. CNBC’s Heesun Wee and campaigner Connie Razza discuss.