interest rates Archives

Pedestrians walk past the New York Stock Exchange. Stocks have fallen sharply so far this year as the market readies for the Federal Reserve to raise interest rates to try to tame inflation, which is at its highest level in nearly four decades. AP Photo/John Minchillo

What is causing inflation?

The U.S. is experiencing its highest annual inflation rate since the 1980s. The causes of the overheated economy are far different today, says Robert Triest, chair and professor of economics at Northeastern, who offers ways to gauge this peculiar moment in history.

by Ian Thomsen January 26, 2022

Janet Yellen, chair of the U.S. Federal Reserve System, delivers the opening statement during the Federal Open Market Committee press conference on March 15, 2017.

What the Fed rate hikes mean for the economy and your wallet

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter-point. We asked professor William Dickens, chair of Northeastern’s economics department, to weigh in on the Fed’s decision and what it means for average Americans, including students and young alumni.

by Greg St. Martin March 17, 2017

The Federal Reserve headquarters in Washington, D.C.

3Qs: Why the Fed maintained interest rates, and what it means

After much speculation, the Federal Reserve on Thursday announced that it would hold the line on U.S. interest rates, which have not increased in nearly a decade. Professor William Dickens, chair of the Department of Economics, discusses the Fed’s decision and what it all means.

by Matthew McDonald September 18, 2015

interest rates

What is causing inflation?

What the Fed rate hikes mean for the economy and your wallet

3Qs: Why the Fed maintained interest rates, and what it means

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