Feb 24 Watch 4:34 News Wrap: DOJ declines to charge George Zimmerman By PBS News Hour In our news wrap Tuesday, the Justice Department announced that they found insufficient evidence to charge George Zimmerman for the death of Trayvon Martin in a civil rights case. Also, Secretary of Veterans Affairs Robert McDonald apologized for falsely claiming… Continue watching
Jan 28 The Fed’s not ready to act yet By Simone Pathe It will be another five months before the federal reserve considers raising short-term interest rates. Continue reading
Jan 09 We’re adding jobs like it’s 1999, but American workers just can’t get a raise By Simone Pathe The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,… Continue reading
Dec 17 Federal Reserve expresses patience on rate raises By Simone Pathe The Federal Reserve turned financial commentators into would-be linguists Wednesday. The Open Market Committee did not raise interest rates, but it did alter the language used to describe its willingness to wait to raise rates. Continue reading
Nov 24 So you thought quantitative easing was over? Think again By Terry Burnham The Federal Reserve ended its bond buying program, known as quantitative easing, at its latest policy meeting in October. But economist Terry Burnham isn't buying that. He sees a form of "stealth QE" continuing where the Fed buys even more… Continue reading
Nov 20 Taking selfies and talking inequality, has Janet Yellen gone too far? By Simone Pathe Federal Reserve Chair Janet Yellen hosted a rare meeting with community organizers and low-wage workers at the Fed Friday. And last month, she delivered a controversial speech on inequality and posed for selfies with the jobless. Like other Fed chairs… Continue reading
Nov 06 From Alan Greenspan to Justin Wolfers, economists consider the Fed’s ‘Dual Mandate’ By Simone Pathe On the eve of the release of October's employment data, which will paint the first official portrait of the labor market since the Federal Reserve ended quantitative easing last week, Making Sen$e turns to top economists, many of them former… Continue reading
Oct 31 If high inflation is not here yet, why should the Fed change course? By Charles Calomiris The Federal Reserve shouldn't be worried about inflation rising over the next six months, or even year, says conservative economist Charles Calomiris. But given how much quantitative easing bloated the central bank's balance sheet, when inflation does rise -- and… Continue reading
Oct 30 Paul Krugman on why Janet Yellen is the un-central banker By Paul Krugman Paul Krugman may not be pleased with the Fed's decision Wednesday to end their bond buying, but he is heartened by Janet Yellen's concern for the unemployed. Continue reading
Oct 29 Watch Why the Fed frets about both jobs and inflation By PBS News Hour After six years of financial stimulus to mitigate the fallout from the 2008 collapse, the Federal Reserve is ending its money creation programs. But the country is still in economic recovery and the role of the Federal Reserve is still… Continue watching