Decoding DemocracyBaltimore Bridge CollapseMillion BazillionI've Always Wondered ...

Loading...

0:00
0% played
Stories Tagged as

Monetary policy

Shelf Life

The Federal Reserve's economic policy powers might be limitless, but should they?

by Jeanna Smialek
Feb 27, 2023
In her book "Limitless," New York Times reporter Jeanna Smialek asks how the Fed arrived at this powerful state.
"[Fed Chair Jerome] Powell and his colleagues knew, even as business news channels cheered on the forceful March 23 response that morning, that it would open his institution up to political criticism and possible mission creep," writes Jeanna Smialek in her new book. Above, Powell during an interview on Feb. 7.
Julia Nikhinson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The Fed's Lael Brainard is leaving monetary policy for fiscal policy

by Stephanie Hughes
Feb 14, 2023
It takes a versatile person to go from setting interest rates to setting an economic agenda, one expert says.
Economist Lael Brainard will be the next director of the National Economic Council, the White House announced Tuesday.
Drew Angerer/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Formerly a cash cow, the Fed is now losing "about $2 billion a week"

by Nancy Marshall-Genzer
Feb 1, 2023
The central bank invested in securities to get the economy through the pandemic recession.
The U.S. Federal Reserve is seen in Washington, DC. The bank has been a source of government revenue for years following the 2008 financial crisis, but rising interest rates may soon change that.
Mandel Ngan/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Should the Federal Reserve slow interest rate hikes?

by Sabri Ben-Achour
Jan 19, 2023
We don’t yet know if the Fed's rate hikes have fully shown up in the economy. That could take many months.
For now, markets are assuming the Federal Reserve will ease up on rate hikes at its next meeting on Feb. 1.
Jim Watson/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

How a “divorce” between the Treasury and Fed helped build the modern economy

by Kai Ryssdal and Maria Hollenhorst
Dec 13, 2022
In the 1950s, the U.S. Treasury and the Federal Reserve reached an agreement that helped create the economy we have today.
Anna Moneymaker/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Economic Pulse

The Fed's heightened rates are still way below historic levels

by David Brancaccio and Jarrett Dang
Jun 23, 2022
Trevon Logan, professor of economics at The Ohio State University, says we're looking at a "new normal" for the federal funds rate.
Karen Bleier/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Shelf Life

How looking back at the Fed’s past can help us understand its future

by Ben Bernanke
May 17, 2022
Former Federal Reserve chairman Ben Bernanke's new book charts a history of “remarkable innovation and change.”
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
Jim Watson/AFP via Getty Images
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

What does it mean when the Federal Reserve uses its “tools”?

by Kai Ryssdal and Daisy Palacios
Mar 29, 2022
The Fed’s tools can only go so far. “All of this activity relies on the other institution at the end of the transaction,” said economics professor Nina Eichacker.
Fed Chair Jerome Powell speaking last week at the NABE Economic Policy Conference. "We aim to use our tools to moderate demand growth, thereby facilitating continued, sustainable increases in employment and wages," he said.
Samuel Corum/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

"Trust is our most important tool," says San Francisco Fed chief Mary Daly

by Kai Ryssdal and Sean McHenry
Oct 6, 2021
Mary Daly weighs in on inflation, the debt ceiling impasse and why public trust is essential for monetary policymakers at the central bank.
Mary Daly, president and CEO of the Federal Reserve Bank of San Francisco, with "Marketplace" host Kai Ryssdal. "If we don't have the people's trust, then nothing we do will matter," she said.
Sean McHenry/Marketplace
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Race and Economy

For Black workers, unemployment is 4 percentage points higher than for whites. Can the Federal Reserve fix that?

by Kai Ryssdal and Andie Corban
Sep 9, 2021
Wendy Edelberg, director of the Hamilton Project, says monetary policy has a roleay, but it's "not the whole show."
Fed Chair Jerome Powell. The central bank has been keeping interest rates low, but Wendy Edelberg says in the near future it should let the economy "grow on its own two feet."
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE