Jan 17 Watch Amid Economic Woes, Push Intensifies for Stimulus Package President Bush spoke with congressional leaders Thursday about an economic rescue package as Fed chief Ben Bernanke testified on Capitol Hill that it is "critically important" that a stimulus effort take effect quickly. Members of the House budget panel detail… Continue watching
Jan 17 Quick Implementation Best for Economic Boost, Fed Chair Says By Admin, PBS News Hour Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is "critically important" that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples' hands as soon as possible. Continue reading
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
Dec 04 Watch Basics of U.S. Economy Are Strong, Bush Says President Bush tried to quell concerns over the recent housing slump and credit crunch Tuesday, saying "The basics in the economy are good." Two former treasury secretaries examine the state of the economy and whether the U.S. is facing a… Continue watching
Nov 08 Watch Bernanke: U.S. Economy Faces ‘Sluggish’ Growth Outlook Federal Reserve Chairman Ben Bernanke on Thursday predicted "sluggish" U.S. economic growth after the dollar reached an all-time low against the euro and jittery investors kept close watch on surging oil prices. A business journalist and an economist offer analysis… Continue watching
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
Oct 16 Watch Housing, Credit Crunch, Oil Prices Spur Economic Jitters Treasury Secretary Henry Paulson delivered a somber assessment of the U.S. economy Tuesday, calling the housing and credit crunch "the most significant current risk" to the economy. Financial experts look at the factors affecting the nation's economic health, including sky-high… Continue watching
Sep 19 Watch Greenspan’s Book Explores U.S. Economy, His Time as Fed Chairman In the second of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the impact of the Federal Reserve and his recently published book, "The Age of Turbulence."… 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
Sep 18 Watch Federal Reserve Cuts Interest Rates The Federal Reserve cut interest rates by half a point Tuesday, causing major gains in the stock market. Financial analysts discuss the move and what it means for the U.S. economy. Continue watching