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Fed Move Would End Period of Cheap Borrowing

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Fed Move Would End Period of Cheap Borrowing

Fed Move Would End Period of Cheap Borrowing

Fed Move Would End Period of Cheap Borrowing

  • Download
  • <iframe src="https://www.npr.org/player/embed/3041071/3041072" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Federal Reserve policy-makers will likely approve a small increase in the short term interest rates it controls. The economy has been heating up and the Fed wants to keep inflation from getting out of hand. If the Fed does move tomorrow it will mean that a long period of historically low interest rates is coming to an end. NPR's Jim Zarroli reports.

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