Dec 18 Watch Fed Backs New Rules Aimed at Curbing Risky Home Loans The Federal Reserve proposed new mortgage regulations Tuesday that would help protect home buyers from shady lending practices following losses suffered in the risky "subprime" home loan category. A Wall Street Journal reporter looks at the recent mortgage crisis and… Continue watching
Nov 28 Why all the focus on just Fed policy? I’m with Alan Greenspan on also looking at our fiscal policy. By Business Desk Question/Comment: Why all the focus on just Fed policy? I'm with Alan Greenspan on also looking at our fiscal policy. Just lowering interest rates without raising revenues could just lead to more inflation. Thank you. Paul Solman: What Robert is… Continue reading
Oct 31 Watch Fed Makes Another Rate Cut to Boost Economy For the second time in two months, the Federal Reserve cut key interest rates Wednesday. A financial analyst describes what the Fed's decision may mean for the American economy. Continue watching
Sep 18 Watch Greenspan Examines Federal Reserve, Mortgage Crunch In the first half of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the recent actions of the Federal Reserve, the country's mortgage crunch and his new book, "The Age of Turbulence."… Continue watching
Aug 31 Watch President Bush, Bernanke Weigh In on Credit Crisis President Bush announced a series of measures Friday intended to help ease the credit crunch caused by mortgage defaults, while Federal Reserve Chairman Ben Bernanke said he would monitor the situation. Continue watching
Feb 27 Watch Stock Markets Drop Sharply Worldwide The Dow Jones Industrial dropped 416 points today, the worst plunge since September 2001, after the Chinese market fell 9 percent. Jim Lehrer talks with an economics professor about the worldwide decline in stock prices. Continue watching
May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent 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… Continue watching
Aug 26 Greenspan Warns of Growing Risks to U.S. Economy By Admin, PBS News Hour Federal Reserve Chairman Alan Greenspan said Friday that trends toward trade protectionism and larger budget deficits pose risks to the flexibility and vitality of the U.S. economy. Continue reading
May 06 Greenspan Warns High Budget Deficits May Hurt Economy By PBS News Hour Despite the current low interest rates, America's rising federal budget deficits are a major obstacle to long-term U.S. economic stability, Federal Reserve Chairman Alan Greenspan warned Thursday. Continue reading
Feb 25 Pres. Bush, Greenspan Differ on Social Security Cuts By PBS News Hour Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to consider trimming Social Security benefits as a way to tackle the nation's escalating budget, but President Bush later in the day said he opposed the idea. Continue reading