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John Ydstie, NPR

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News

Fed Raises Interest Rates, Signals 2 More Hikes This Year

John Ydstie, NPR

Posted on June 13, 2018 · The Fed boosted a key interest rate again — its seventh hike since 2015. The move, which was expected, will trigger higher rates on credit cards, home equity lines and other kinds of borrowing.

Tags fed federal interest rates

News

Another Rout In The Stock Market, As Dow Drops More Than 1,000 Points

John Ydstie, NPR

Posted on February 8, 2018 · Wall Street's roller coaster continued Thursday, with all the major stock indexes posting drops of about 4 percent amid inflation concerns. The market has now tumbled 10 percent from its recent peak

Tags Dow industrials dow jones financial markets stock market

News

With Focus On Unemployment, Yellen Led Fed Through Tough Balancing Act

John Ydstie, NPR

Posted on January 31, 2018 · As she leaves the Fed's top job, Janet Yellen gets high marks for the way she resisted calls to raise interest rates as the economy began recovering. Instead, she was determined to boost job growth

Tags federal reserve Janet Yellen

News

GOP Tax Cuts Expected To Push Up Nation’s Debt

John Ydstie, NPR

Posted on November 10, 2017 · Both tax proposals in the House and the Senate would add about $1.5 trillion to the nation's deficit over the next 10 years. That's a big concern for many economists and some lawmakers

Tags debt Tax Cuts

News

U.S. Economy Grew At 2.6 Percent In Second Quarter

John Ydstie, NPR

Posted on July 28, 2017 · The economy staged a comeback from a tepid first quarter, but still fell short of the turbo-charged 3 percent growth rate promised by the Trump administration.

Tags economics Trump Trump administration U.S. economy

Politics

Some Tax-Cut Backers Urge Trump To Drop Full Overhaul, Go For Quick Win

John Ydstie, NPR

Posted on April 20, 2017 · Nearly 100 days into Trump's presidency, there are still big questions about what his proposed tax overhaul will include — and whether the large changes he had envisioned are even possible.

Tags Donald Trump Tax Cuts tax overhaul

Politics

Trump’s Immigration Plan Could Undermine Promise To Boost Economy

John Ydstie, NPR

Posted on December 20, 2016 · Donald Trump says he will double the U.S. growth rate; that requires getting more people into the workforce. The president-elect also plans to limit immigration, the biggest source of new workers.

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