Federal Reserve to continue Operation Twist

Jun 20, 2012
Chairman Ben Bernanke said the Fed would continue buying Treasury bills to drive long-term interest rates down, but would also wait before taking more action on the economy.

Federal Reserve to announce possible monetary policy changes

Jun 20, 2012
The U.S. Federal Reserve Open Market Committee finishes two days of meetings today. And we'll have an announcement shortly on what -- if any -- change in monetary policy they might have decided on.

Fed ponders solution to growth, credit gap

Jun 19, 2012
The Federal Reserve faces sluggish growth and a dilemma: Low interest rates aren’t benefiting many needy consumers who have blemished credit.

How bailout plans have changed

Jun 18, 2012
The stabilizing election result in Greece does not change the reality that banks are on the brink in a number of European countries. And there's hot debate in Europe over just how much the European Central Bank should do to bailout the banks -- a problem we can relate to here in the states.

Recession wipes out family net worth, but not income

Jun 12, 2012
A new report from the Federal Reserve shows that the median net worth of the American househeld is down 40 percent since 2007 and income is down 7 percent.

Spain asks for bailout, Fed sets new banking buffer

Jun 8, 2012
One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.

U.S. Fed approves Basel III

Jun 8, 2012
The Federal Reserve has just approved a proposal to make every bank in America keep more capital on hand. The measure may help taxpayers weather the next financial storm, but hurt bank stockholders.

For public good, not for profit.

Why companies are still hoarding their cash

Jun 8, 2012
Like the rest of us, companies are still uncertain of the economic future. But spending and investing could help to push the economy forward.

The Federal Reserve and interest rates

Jun 8, 2012
There is an implication by those in the media that the Fed is essentially out of tools when it comes to lowering interest rates. Can the Federal Reserve lower the Fed Funds rate below zero? If so, what would be the implications for borrowers, savers and the macroeconomy? Richard, Marietta, GA

Americans concerned over Fed's low interest rates

Jun 7, 2012
Fed Chairman Ben Bernanke may announce a new plan for interest rates today on Capitol Hill. Six in 10 Americans want the Federal Reserve to consider the negative impact of low interest rates on retirees and savings.