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