COVID-19

Dallas Fed president calls policies relief, rather than stimulus

Mar 27, 2020
Dallas Fed president Robert Kaplan joined us to discuss the many challenges ahead.
President and CEO of the Dallas Federal Reserve, Robert Kaplan
Courtesy of the Federal Reserve Bank of Dallas
COVID-19

Fed takes unprecedented steps to prop up the economy

Mar 23, 2020
For the first time, the central bank will buy corporate and municipal bonds to keep money flowing.
The Federal Reserve's overall goal is to keep money flowing in the U.S. economy.
Mark Makela/Getty Images

Fed to buy unlimited government debt and lend to businesses

Mar 23, 2020
The central bank’s all-out effort has now gone beyond even the extraordinary drive it made to rescue the economy from the 2008 financial crisis.
Federal Reserve Chairman Jerome Powell during a 2018 news conference.
Alex Wong/Getty Images
COVID-19

How the Federal Reserve's "discount window" works

Mar 16, 2020
The Fed's cut to its short-term, emergency loan rate is meant to keep credit flowing to households and businesses.
The Fed also announced a cut in the discount rate in an attempt to stimulate the economy during the downturn caused by COVID-19.
Mark Makela/Getty Images
COVID-19

Fed slashes rates to near zero, eases bank lending rules

Mar 15, 2020
The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook.
Federal Reserve Board Chairman Jerome Powell
Mark Wilson/Getty Images
COVID-19

What if the economy needs more than the Fed can give it?

Mar 3, 2020
The U.S. government may need to spend its way out of a coronavirus-induced slowdown.
Federal Reserve Chair Jerome Powell announced an interest rate cut of half a percentage point Tuesday.
Scott Olson/Getty Images
COVID-19

What central banks were really saying about their response to COVID-19

Mar 3, 2020
When it comes to the global economic outlook, words matter.
Stocks fell on Wall Street as global concerns over the financial impact from the coronavirus drove investments down.
(Photo by Spencer Platt/Getty Images)

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COVID-19

In emergency move, Fed cuts interest rates by 0.5%

Mar 3, 2020
"A half a point is not going to cure anybody," said Karen Petrou, managing partner of Federal Financial Analytics.
An interest rate cut that occurs between formal policy meetings is highly unusual.
Sarah Silbiger/Getty Images

Fed chair flags corporate bond risk

Feb 11, 2020
In a report submitted to Congress the Federal Reserve highlighted an increase in the riskiest investment-grade corporate debt.
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee on "Monetary Policy and the State of the Economy" on Capitol Hill in Washington, DC on Feb. 11, 2020.
Mandel Ngan/AFP via Getty Images

Central banks are searching for new tools

Jan 23, 2020
The ECB and the Federal Reserve are attempting to figure out if their approach to monetary policy still works.
European Central Bank President Christine Lagarde said she’s also looking for answers from the public on how to change the bank's monetary policy strategy.
Chip Somodevilla/Getty Images

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