© 2025 Maine Public

Bangor Studio/Membership Department
63 Texas Ave.
Bangor, ME 04401

Lewiston Studio
1450 Lisbon St.
Lewiston, ME 04240

Portland Studio
323 Marginal Way
Portland, ME 04101

Registered 501(c)(3) EIN: 22-3171529
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Scroll down to see all available streams.

Fed Move Would End Period of Cheap Borrowing

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.

Copyright 2004 NPR

Jim Zarroli is an NPR correspondent based in New York. He covers economics and business news.