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Monetary Policy

NPR
Business
A sign for the China Evergrande Centre, the Hong Kong home for China Evergrande Group, is shown last week. Fears of a debt default at the property developer sparked a global stock market sell-off on Monday.

A Chinese Real Estate Company Is Walloping Your Stocks. Here's Why

Sep 20, 2021
The Dow Jones slumped over 600 points as financial troubles at property developer China Evergrande Group became the latest in a growing list of concerns for Wall Street.
NPR
World
A Chinese bank employee counts 100-yuan notes and dollar bills at a counter in Nantong, in China's eastern Jiangsu province, on Tuesday.

A U.S.-China Currency War? What You Need To Know

Aug 11, 2019
After China let its yuan drop in value, the U.S. accused the country of being a "currency manipulator." Here is how China manages its money and what a dispute with the U.S. could mean.
NPR
The Two-Way
Federal Reserve Chairman Jerome Powell testifies Tuesday before the House Financial Services Committee in Washington. "My personal outlook for the economy has strengthened since December," he said.

New Fed Chief Sees Interest Rates Continuing To Rise As Economy Strengthens

Feb 27, 2018
The central bank remains on track to boost rates gradually, Jerome Powell told Congress on Tuesday in his first testimony as Fed chairman. He said he has seen the economy picking up since December.
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NPR
The Two-Way
Janet Yellen has served as chair of the Federal Reserve Board since 2014.

Yellen Will Leave Top Fed Post With Solid Record

Nov 02, 2017
As Fed chair, Janet Yellen helped the central bank largely achieve its mandate to engineer full employment while keeping inflation at a level that fosters growth.
NPR
The Two-Way

Top Fed Officials Field Questions From Activists Unhappy Over Monetary Policy

Aug 25, 2016
At a "listening session" at the Fed conference in Jackson Hole, liberal groups warn about the impact on poor and minority communities of raising interest rates too quickly.
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