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PODCAST: Federal Reserve easing, Cyprus seizing

A Cypriot policeman stands next to graffiti in Greek reading 'Thieves' at the entrance of closed branch of the Laiki (Popular) Bank in central Nicosia on March 20, 2013.

The Federal Reserve is finishing up a meeting today in Washington, to which many economists and investors are looking for signs of just how long the central bank intends to keep up its aggressive monetary easing.

Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.

Should you bank at a credit union? Marketplace senior producer of personal finance Paddy Hirsch discusses the upsides and the downsides.

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.

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