WPTF Afternoon News

UNC-Chapel Hill Economics Professor Gerald Cohen discusses the Fed leaving interest rates unchanged but signaling higher rates are ahead

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jakson UNC-Chapel Hill Economics Professor Gerald Cohen discusses the Fed leaving interest rates unchanged but signaling higher rates are ahead kansikuva

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The Federal Reserve said Wednesday it is keeping its interest rate unchanged for the fourth-straight time but signaled that a rate hike is ahead. Trump appointee Kevin Warsh led his first policy meeting on Wednesday as Fed chairman and quickly made his mark. Gerald Cohen, a UNC-Chapel Hill Economics Professor, joined Jeff Hamlin to discuss the Fed’s decision.

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