How the Fed Steers Interest Rates to Guide the Entire Economy _ WSJ

The Federal Reserve's main tool for managing the economy is changing the federal funds rate, which can affect not only consumers' borrowing costs but also broader decisions by companies, such as how many people to hire. The WSJ suggests the Fed adjusts this rate to guide the entire economy. Illustration: Jacob Reynolds.
More from The Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit WSJ Video Center: https://wsj.com/video

#finacialtips #finance