Crain's Extra: Here's why a Fed rate increase could spell trouble for the economy

Good afternoon. We’re here to help you get ready for the week and beware the Ides of March, which Mad magazine’s usual gang of idiots called the dyes and starch in a send-up of Julius Caesar. Speaking of things to beware this week, St. Patrick’s Day coincides with the start of the March Madness college basketball tournament. Irish pub owners can’t recover months of lost revenue in a single day. Or can they?

Federal Reserve Chairman Jerome Powell | Bloomberg

Business journalists will dip into their reservoirs of metaphor when the Federal Reserve finally raises interest rates this week. Some writers might call it a farewell to ZIRP,

→ Continue reading at Crain's New York Business

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