Survey: Many Americans Don't Know What The Federal Reserve Does03:46
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Federal Reserve Board Chair Janet Yellen speaks during a news conference on June 14, 2017, in Washington, D.C. (Mark Wilson/Getty Images)
Federal Reserve Board Chair Janet Yellen speaks during a news conference on June 14, 2017, in Washington, D.C. (Mark Wilson/Getty Images)
This article is more than 2 years old.

The Federal Reserve began its two-day policy meeting Tuesday. The Fed is not expected to change interest rates, after raising them last month for the third time since December.

Meanwhile, a new survey from WalletHub finds that there is a lot of confusion about what the Federal Reserve does. Here & Now's Meghna Chakrabarti talks with Ali Velshi (@AliVelshi) of MSNBC about what the Fed's role is and its impact on the U.S. economy.

This segment aired on July 25, 2017.

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