The Federal Reserve has kept interest rates low and taken other measures to stimulate the economy in recent years, but we've always known the extraordinary measures were not going to last forever.
After this week's press conference, we now know when the Fed plans to change up its strategy. The Fed says if the unemployment rate keeps falling — it’s now at 7.6% — it will begin slowly winding down its programs later this year.
This week on Money Talking, regular contributors Joe Nocera with the New York Times and Rana Foroohar with Time magazine discuss the Fed's next move.
They also discuss the SEC's attempt to stop the practice of companies settling accusations of wrongdoing by paying millions in fines without having to admit or deny whether they did anything wrong in the first place.