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    Back to To the Point

    To the Point

    Fed Saving Credit Markets, but Who'll Save the Fed?

    Yesterday the Federal Reserve announced plans to essentially print up a trillion dollars in new money to buy up Treasury debt and mortgage-backed securities. Stock markets in Europe and Asia reacted favorably today, and Wall Street wavered between gains and losses.

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    By Warren Olney • May 12, 2014 • 1 min read

    Yesterday the Federal Reserve announced plans to essentially print up a trillion dollars in new money to buy up Treasury debt and mortgage-backed securities. Stock markets in Europe and Asia reacted favorably today, and Wall Street wavered between gains and losses. Dan Gross, business and economic columnist for Newsweek and Slate Magazine, is author of Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation.

    The full episode

    1 of 3
    Healthcare and Information Technology
    1. 1:33Fed Saving Credit Markets, but Who'll Save the Fed?You’re reading this
    2. 7:40Healthcare and Information Technology
    3. 42:58On the Sixth Anniversary of the US Invasion of Iraq
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • KCRW placeholder

      Daniel Gross

      Strategy + Business

      NewsNationalPolitics

    The full episode

    1 of 3
    Healthcare and Information Technology
    1. 1:33Fed Saving Credit Markets, but Who'll Save the Fed?You’re reading this
    2. 7:40Healthcare and Information Technology
    3. 42:58On the Sixth Anniversary of the US Invasion of Iraq
    Back to To the Point