No, the Fed should not stop paying interest on reserves
Doing so would wreak havoc on interest rates across the economy. Plus, a retired Long Island couple tells us about their economy, and Amazon announces AI-generated video ads.
“In this sector, I found the spirit of collaboration to be unbelievable,” said Janti Soeripto, president and CEO of Save the Children U.S., “But, interestingly, that spirit and that culture hasn't translated into distribution deals or joint ventures.”