Aug 17 Wessel Answers Questions on the Changing Fed By Carolyn O'Hara A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in… Continue reading
Aug 14 Consumer Prices Go Unchanged in July By Online DA The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation. Continue reading
Aug 12 Fed Holds Key Interest Rate at Record Low The Federal Reserve announced Wednesday that it will keep short-term interest rates at a record low in order to further stabilize the U.S. economy. But it signaled confidence in the recovery, saying economic activity is "leveling out."… Continue reading
Aug 12 Watch Fed Decision Signals Optimism for Economy The Fed decided Wednesday to keep short-term interest rates at a record low to help stabilize the economy. Jeffrey Brown speaks with a Washington Post reporter about the economic outlook. Continue watching
Aug 12 Watch Crisis Turned Federal Reserve Into Fourth Branch of Government, Author Says "In Fed We Trust" author David Wessel discusses how the central bank reacted to the financial crisis and its changing role in setting U.S. and global financial policy. Continue watching
Aug 07 Is the “Perfect Storm” Metaphor Appropriate for the Economic Crisis? “The metaphor of the perfect storm is inapt. The captain’s action does not influence the height of the waves. Fed Chairman Bernanke, in contrast, participated in making and implementing interventions that worsened the financial crisis last year.” – from… Continue reading
Aug 07 Watch Job Losses Ease in July, but Economic Picture Still Mixed The U.S. economy shed fewer jobs than expected in July, according to new Labor Department figures. Experts discuss what the data says about the job market and an economic recovery. Continue watching
Jul 31 Watch Recession Shows Signs of Easing Grip on U.S. Economy New economic figures hinted that the U.S. recession could be slowing down. Jeffrey Brown gets analysis from a banker and a journalist. Continue watching
Jul 31 Tales From the Fed: Blinder on Greenspan Paul Solman: The last in our extended interviews on the Fed: Alan Blinder, who served as the vice chairman of the Fed Board of Governors between 1994 and 1996, weighing in on Alan Greenspan’s legacy and what it was… Continue reading
Jul 30 Tales From the Fed: Blinder on Fed Transparency By Business Desk Paul Solman: The Federal Reserve has long had a reputation for being secretive. Its closed-door policy has fueled suspicions and countless conspiracy theories since the central bank was established nearly a century ago. And since the Fed has moved rapidly… Continue reading