WPTF Afternoon News

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

6 min · Ayer
Portada del episodio UNC-Chapel Hill Economics Professor Gerald Cohen discusses the Fed leaving interest rates unchanged but signaling higher rates are ahead

Descripción

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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