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Interest Rates Expected to Climb Higher

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Interest Rates Expected to Climb Higher

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Interest Rates Expected to Climb Higher

Interest Rates Expected to Climb Higher

  • Download
  • <iframe src="https://www.npr.org/player/embed/1848297/1848298" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federal Reserve Chairman Alan Greenspan hinted this week that the Fed is considering raising its key federal funds rate from its historic low of 1 percent. Most analysts don't expect the Fed to raise rates at its May 4 meeting, but they say a rate increase is possible later this year. Hear NPR's Bob Edwards and The Wall Street Journal's David Wessel.

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