Should The Fed Raise Interest Rates? (Tom Ashbrook, On Point)

We all come to the meal of the American economy — feast or beans, depending where you sit. But the Federal Reserve Bank sets the table. For years now, since the onslaught of the Great Recession, the Fed has kept its key benchmark interest rate at essentially zero. Easy money, almost free, to boost the U.S. economy. It’s been a busy for small savers — look at your bank returns. A boon for high-rollers — look where the stock market’s been. Now the Fed wants to push interest rates up. Critics say it’s too soon. Jobs and wages will suffer. Stocks are shaky. But is it time? This hour on On Point: weighing the end of free money. /Tom Ashbrook
Interview:
http://onpoint.wbur.org/2015/09/03/federal-reserve-raising-rates