Jan 31 Ben Bernanke’s legacy: A critique from the left By Dean Baker As Fed Chairman Ben Bernanke closes out his term, how will he be remembered? In the first of several economists' perspectives, Dean Baker sees a checkered legacy. Continue reading
Jan 30 Opinion: Is your money safe at the bank? An economist says ‘no’ and withdraws his By Terry Burnham The Fed policies of Ben Bernanke and Janet Yellen, who begins her term Feb. 1, are making former Harvard economist Terry Burnham withdraw his money from Bank of America. Continue reading
Jan 06 Watch 3:33 News Wrap: Senate confirms Janet Yellen as Fed chief By PBS News Hour In our news wrap Monday, Janet Yellen won Senate confirmation to lead the Federal Reserve. Taking over for outgoing chair Ben Bernanke, the former vice chair becomes the first woman to lead the U.S.'s central bank. Also, peace talks to… Continue watching
Dec 20 The Fed’s ‘Great Unwind’: It Had to Start Somewhere By Jon Shayne Merle Hazard performs "The Great Unwind." This is not our typical post; it's an economics music video. If you saw what the Fed did this week -- or even if you didn't and want to know what the big… Continue reading
Dec 19 What Happened to the Fed’s Trillions? They’re Back on Deposit…at the Fed! In addition to announcing the beginning of tapering, the Fed on Wednesday strengthened their commitment to keeping the federal funds rate low. File photo courtesy of Jason Reed/Reuters. While the Fed decided Wednesday to begin gradually unwinding their purchase… Continue reading
Dec 18 Watch Wednesday, December 18, 2013 he Federal Reserve announced it would begin to taper its monetary stimulus… Continue watching
Dec 18 Watch Federal Reserve announces pull back on stimulus as Bernanke nears end of tenure Federal Reserve announces pull back on stimulus as Bernanke nears end of tenure… Continue watching
Dec 18 Inside the Sanctum: How the Fed’s Open Market Committee Decides What To Do By Simone Pathe In March of 1994, Paul Solman simulated a meeting of the Fed’s inner sanctum, the Open Market Committee, with former Fed members. The segment aired on March 23. The day before, the FOMC voted to raise short-term interest rates for… Continue reading
Dec 18 Why the Fed’s Low Interest Rates Are Driving Dollars Abroad Ahead of Wednesday’s Federal Open Market Committee announcement about whether the Fed will taper its monetary stimulus program, Making Sense interviewed former Fed economist Catherine Mann, now at the Brandeis International Business School. She doesn’t think the Fed will begin… Continue reading
Dec 16 Watch To taper stimulus efforts? Examining the Fed’s role in the economic recovery To taper stimulus efforts? Examining the Fed's role in the economic recovery… Continue watching