Feb 19 Do We Need a Consumer Protection Agency? As the Senate continues to debate financial reform, the issue of whether to create an independent consumer protection agency has become a key point of contention. In a special roundtable, experts weigh in on whether a new agency should be… Continue reading
Jan 27 Watch Unmasking Interest Rates, Honky-Tonk Style In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard. Continue watching
Dec 16 Watch Battle Lines Drawn Around ‘Person of the Year’ Amid nationwide dissatisfaction with the economy, Time Magazine's "Person of the Year" Ben Bernanke faces some opposition in Congress as he looks to serve another term as Federal Reserve chairman. Kwame Holman reports, and then Jim Lehrer speaks with economic… Continue watching
Nov 04 Watch Other News: Iranian Protesters Clash With Police In other news, thousands of Iranian protesters clashed with police in the streets of Tehran on the 30th anniversary of the U.S. Embassy takeover, and the U.S. Supreme Court will decide whether prosecutors can be sued for damages. Continue watching
Aug 25 Watch As Bernanke Tapped for a Second Term, U.S. Deficits Appear Likely to Soar Judy Woodruff speaks with journalists about federal deficit projections and President Obama's nomination of Federal Reserve chief Ben Bernanke for a second term. Continue watching
Aug 17 Have the Wars in Iraq and Afghanistan Hurt the Economy? Question: I often hear that WWII finally ended the Great Depression. How can it be that a relatively short war (WWII) was so helpful to the economy but… 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
Jul 30 Tales From the Fed: Rivlin on Fed Independence Paul Solman: Tonight on the NewsHour, we’re airing a piece exploring the suspicions some people have about the Federal Reserve and the the Fed’s efforts to be more transparent. Amid all the talk of auditing the Fed or having… Continue reading
Jun 24 Fed Keeps Key Rate at Record Low By PBS News Hour The Federal Reserve said Wednesday that the recession is easing, but that the U.S. economy likely will remain fragile and limit the threat of inflation. Continue reading
Jun 23 What’s the Relationship Between Inflation and Interest Rates? Question: I am confused about the cause/effect relationship between inflation and interest rates. Many economic talking heads claim that interest rates will rise if present monetary policy produces inflation. But the principle of supply and demand suggests that if… Continue reading