I’d like to know more about Fed — and how it is neither a federal agency, nor does it have any reserves.
Question/Comment: I’ve seen now several of your segments on the Federal Reserve and I encourage you, on your next segment, to go deeper. There is much information available regarding the Fed and how it is neither a federal agency, nor … Continue reading
In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses the reasoning behind the Fed’s rate hike. Continue reading