Marketplace Morning Report for Thursday, March 5, 2015
Airing on Thursday, March 5, 2015: Later today, the Federal Reserve will release the first round of results of the latest round of "stress tests" the Fed's performed on 31 of the world's biggest banks. They're part of the Dodd-Frank Act congress passed after the financial crisis. More on how those tests work. And at the beginning of the financial crisis, the Bank of England held a series of auctions designed to encourage lending. Well now, there are allegations those auctions were rigged. And this morning, we've learned there is a fraud investigation into how the UK's central bank and traders may have behaved. Plus, with U.S. fourth quarter productivity numbers out today, an explainer on the relationship between an improving labor market and productivity.
Airing on Thursday, March 5, 2015: Later today, the Federal Reserve will release the first round of results of the latest round of “stress tests” the Fed’s performed on 31 of the world’s biggest banks. They’re part of the Dodd-Frank Act congress passed after the financial crisis. More on how those tests work. And at the beginning of the financial crisis, the Bank of England held a series of auctions designed to encourage lending. Well now, there are allegations those auctions were rigged. And this morning, we’ve learned there is a fraud investigation into how the UK’s central bank and traders may have behaved. Plus, with U.S. fourth quarter productivity numbers out today, an explainer on the relationship between an improving labor market and productivity.
