Last month, the European Central Bank became the first central bank to charge banks for depositing their extra reserves with them. The idea is to encourage banks to lend privately instead. But as the Council on Foreign Relations' Benn Steil…
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…
News Wrap: Biden visits China amid tension over air defense zone…
In our news wrap Wednesday, the Federal Reserve announced it's keeping short-term interest rates at a record low and continuing its stimulus efforts. Also, The Washington Post reported the NSA is routinely intercepting email traffic between Yahoo and Google data…
Presidential Push to Stop Sky High Student Loan Interest Rates…
Previewing Democrats Economic Platform: Supporting Small Business, Education…
News Wrap: European Central Bank Buys Bonds to Bring Down Borrowing Rates…
In other news on Tuesday, in Syria, fighting between government forces and rebels escalated in Damascus. Hundreds of people fled into neighboring Turkey and Jordan, where the British foreign secretary toured the scene. Also, Mitt Romney accused President Obama of…
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