GOP lawmakers sent a letter to the Federal Reserve urging Chairman Ben Bernanke to take no new monetary action. The Peterson Institute's Joseph Gagnon discusses the impact that letter may have.
The Federal Reserve announced it was buying $400 billion in longer-term bonds in an effort to push long-term interest rates even lower. Will that help the economy
The Fed will meet today to discuss possible options for healing the ailing economy in the U.S. But its policies might only make a tiny dent in the bigger issues.
Bernanke is considering forcing down long-term interest rates some more and cutting off interest payments to banks that park their reserves at the Fed.
Many were disappointed at the news Ben Bernanke gave this morning: As of now, the Fed won't make moves to fix the economy. But as we hear from Jill Schlesinger, it might not be the Fed's job after all.
Some had high hopes for Ben Bernanke's speech today, expecting he might announce another Quantitative Easing plan. Others, like Bruce McCain, were a bit more skeptical.