© 2025 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Fed Prepared to Lower Interest Rates

Federal Reserve Chairman Ben Bernanke gives a strong signal that Fed policymakers are ready to cut interest rates again amid mounting risks to the U.S. economy. High oil prices, rising unemployment and a decline in manufacturing are pressuring the Bush administration to keep the economy from lapsing into a recession.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.
Together we’ve already reduced WKAR’s $1.6 million budget gap created by the loss of federal funding. With your sustaining support we can close the remaining $500,000 gap and keep trusted public media strong for mid-Michigan. The best way to support WKAR is to become a sustainer. Already a sustainer? Please consider upgrading your current monthly gift.