Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Aug 28 The real financial monster: low interest rates By Terry Burnham At an economic conference in Jackson Hole, Wyoming, last week, Federal Reserve Chair Janet Yellen said the central bank is awaiting more recovery in the labor market before deciding when to raise interest rates. That was bad news for economist… Continue reading
Jul 15 Watch Yellen cautions against being overly optimistic before raising interest rates By PBS News Hour Continue watching
Jul 15 Yellen signals Fed will continue to boost economy By Martin Crutsinger, Associated Press In delivering an economic report to Congress, Yellen says the Fed's future actions will depend on how the economy performs. She says if labor market conditions continue to improve more quickly than anticipated, the Fed could raise its key short-term… Continue reading
Jun 18 Fed reduces stimulus despite slower growth projections By Simone Pathe The Federal Reserve’s Open Market Committee voted unanimously Wednesday to again reduce its stimulus program by $10 billion to $35 billion in July. Since the financial crisis in 2008, the Federal Reserve has been buying mortgage-backed securities and U.S. Treasuries… Continue reading
May 07 Watch News Wrap: Court forces Thai leader out of office for abuse of power By PBS News Hour Continue watching
May 07 Yellen cautiously optimistic about future growth By Simone Pathe A week after the Federal Reserve’s Open Market Committee announced yet another reduction in their monetary stimulus, Fed chair Janet Yellen delivered an optimistic growth outlook before the congressional Joint Economic Committee Wednesday. Continue reading
Mar 26 How candid should Janet Yellen be? Watching emerging markets overreact to Fed transparency By Simone Pathe When the Fed chair speaks, emerging markets take note. New research about their reaction to the Fed's early hints of tapering raises bigger questions about global financial integration and the Fed's transparency. Continue reading
Mar 19 Watch Despite dip in unemployment, Yellen says Fed will hold low short-term interest rates for now By PBS News Hour Continue watching
Mar 19 Yellen defends Fed’s decision to forgo unemployment threshold By Simone Pathe The Fed’s policy-making body, the Open Market Committee, announced Wednesday they will again draw down purchases of bonds by $10 billion. Monthly bond purchases will now decreases from $65 billion to $55 billion. Continue reading