Donald Trump has accused the Federal Reserve of keeping rates low to help President Obama and Hillary Clinton. On Wednesday, Janet Yellen said that's not true, 'We do not take politics into account in our decisions.'
The Federal Reserve also downgraded its forecast for economic growth in 2016 for the third time this year. It now projects growth this year to be 1.8%. In June it forecast growth of 2%.
CNNMoney is hearing from former Wells Fargo workers around the country who tried to put a stop to these illegal tactics. Almost half a dozen workers who spoke with us say they paid dearly for trying to do the right thing: they were fired.
After years of failed efforts to pull Japan out of deflation, the central bank said it's introducing a new long-term interest rate target of around zero.
Another tech bubble? Probably not. Valuations are far more reasonable now than they were in 1999 and 2000. But Apple, Amazon and Facebook are leading a recent renaissance for the Nasdaq.