Aug 6, 2012 The Treasury Department is planning to roll out a floating-rate note program in about a year. But what is a floating-rate note and why do we need one? Sr. Producer Paddy Hirsch explains with a boat analogy.
Aug 2, 2012 The Fed announced yesterday that it is prepared to act if the economy gets worse -- But for now, nada. Which brings us to the European Central Bank, which is holding a meeting today in Frankfurt and might have a little something up its sleeve for the global economy.
Aug 1, 2012 The Federal Reserve will be wrapping up its latest meeting with a statement that may or may not announce new efforts to help the economy.
Aug 1, 2012 The Federal Reserve wraps up a two day meeting today in Washington. And the big question -- yet again...will be: Is the Fed ready to launch some new economic stimulus, in line with its mandate to help the country reach full employment?
Jul 30, 2012 The Federal Reserve meets again this week, and the buzz is that Chairman Ben Bernanke could be considering some "new tools," for stimulating growth -- perhaps using interest rates to encourage banks to take some risks with their money.
Jul 18, 2012 Quite literally, it was nothing we hadn't heard before.
Jul 17, 2012 Federal Reserve chairman Ben Bernanke will testify on Capitol Hill today, and the big question is: Will he signal that more monetary stimulus is on the way?
Jul 17, 2012 Senators are likely to question Federal Reserve chairman about what banking regulators knew about manipulation of key lending rate.
Jul 11, 2012 News this morning that Bob Diamond, the former head of Barclay's bank has given up $30 million in bonuses after resigning over that interest rate rigging scandal. And the scandal has brought up the issue -- yet again -- of whether current regulations on the financial industry are adequate.