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Federal Reserve

The Washington Report

Syria, Congress and the Federal Reserve

Monday, September 02, 2013

Kerry Nolan speaks with New York Times Chief Washington Correspondent David Sanger about President Obama's decision to seek Congressional approval before taking military action in Syria. Sanger also looks at the candidates for the Chair at the Federal Reserve.

The Leonard Lopate Show

Backstory: The Jobs Bill

Thursday, March 15, 2012

On today’s Backstory, ProPublicas Jesse Eisinger talks about what’s inside a jobs bill-- The Jump-Start Our Business Act --that just passed in the House of Representatives. We’ll also look at how the Federal Reserve has dealt with the country’s largest financial firms.

 

 

 

 

 

 

 

 

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The Brian Lehrer Show

Monthly Jobs Report

Friday, November 04, 2011

WNYC business and economics editor, Charlie Herman, talks about the latest jobs numbers and the Federal Reserve's announcement of bleaker economic projections.

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The Takeaway

Fed Invests in the Treasury While Moody's Downgrades Banks

Thursday, September 22, 2011

Two major announcements hit Wall Street and Washington on Wednesday. The Federal Reserve unveiled its plan to invest $400 billion in Treasury securities in an effort to boost the economy, and Moody's downgraded the ratings of Bank of America, Citigroup, and Wells Fargo. How is all of this going to affect consumers and businesses? And how is divided Washington going to react?

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WNYC News

Federal Reserve Moves Forward with 'Operation Twist'

Wednesday, September 21, 2011

The Federal Reserve Open Market Committee ended its meeting by agreeing to use more than $400 billion to try and drive down long-term interest rates to make loans cheaper and invigorate economy. The plan unveiled Wednesday has been dubbed "Operation Twist," as the Fed will "twist" long-term rates lower relative to short-term rates.

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The Brian Lehrer Show

When a Nobel Prize Isn't Enough

Tuesday, June 14, 2011

2010 Nobel Prize-winning professor of economics at M.I.T. Peter Diamond discusses his recent decision to withdraw his nomination for the Federal Reserve Board and the state of the stalled presidential nominations. 

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The Takeaway

Christina Romer on Ben Bernanke

Monday, April 25, 2011

This week Federal Reserve Chairman Ben Bernanke will go in front of reporters for his first-ever press conference. He will take questions about policy inflation and the Fed's bond-buying program in an effort to promote transparency between the Fed and the American public. What should Bernanke say to develop Americans' trust? Christina Romer, professor of Economics at University of California, Berkeley, and former chairwoman of President Obama's Council of Economic Advisers says she'd like the truth.

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The Takeaway

This Week's Agenda: Middle East, Oil, Federal Reserve, Royal Wedding

Monday, April 25, 2011

Despite promises of reform from both the Syrian and Yemeni governments, demonstrations — and serious bloodshed — rage in both countries. NATO continues to support the rebels in Libya while some U.S. Senators call for Gadhafi's ouster. Marcus Mabry, editor-at-large of the International Herald Tribune, looks at protests throughout the Middle East and NATO's role in Libya. Middle East turmoil has also led to rising oil and gas prices in the U.S. Oil companies are set to release their earnings this week and Charlie Herman, economics editor for The Takeaway and WNYC, looks at rising oil profits and potential price gouging investigations.

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The Takeaway

Ahead of G20, US Financial Policy Faces International Criticism

Monday, November 08, 2010

Later this week, world leaders will gather at the G20 summit in Seoul, South Korea. The meeting comes just days after the Federal Reserve's decision to buy $600 billion worth of Treasury bonds through a process known as "quantitative easing." In response to the announcement, American stock markets reacted positively. World leaders abroad did not.

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The Takeaway

Will $600 Billion in 'Quantitative Easing' Help Ordinary Americans?

Monday, November 08, 2010

Last week, New York Times Wall Street and finance reporter Louise Story explained how the Federal Reserve's new economic recovery plan, known as "quantitative easing," works. Story explained that the process is intended to effectively lower already-low interest rates, making it cheaper for banks to borrow money. But how will this impact ordinary, middle-class Americans?

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The Takeaway

Voters Vent Economic Frustration at the Polls, While Bankers Make the Policies

Thursday, November 04, 2010

Many Americans are angry about the sluggish state of the economy. On Tuesday, they went to the polls and took their anger out on elected officials. But the people who have a very large effect on the American economy aren't elected at all. They’re the appointed officials at the Federal Reserve Bank, headed by Ben Bernanke. As if to underscore that point, The Fed announced Wednesday that they’ll buy $600 billion worth of Treasury bonds, in an effort to stimulate economic growth.

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The Takeaway

Quantitative Easing: The Fed's Latest Attempt to Improve The Economy

Thursday, November 04, 2010

The Federal Reserve Bank announced Wednesday that it will once again make a large purchase of Treasury Bonds — $600 billlion worth — as part of a Quantitative Easing to help the struggling economy. The response of many to this news: "Quantitative what?" Louise Story, Wall Street and Finance Reporter for our partner The New York Times, joins the show to break it down.

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The Takeaway

A New, Modest Bank Offers An Industry Bright Spot

Tuesday, August 31, 2010

I just spoke with a hopeful banker on the show and it really brightened my day. Hartie Spence is the President and CEO of Lakeside Bank in Louisiana. That may sound a little more impressive than the reality of Mr. Spence’s new gig, but then most banks have tortured metaphorical names like “First Federal Mutual Providential Acceptance Savings Bank and Trust Company,” designed to reassure people about the safety of their money.

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The Brian Lehrer Show

Double Dip Looming?

Friday, August 27, 2010

Ross DeVol, executive director of economic research at the Milken Institute, thinks we can be optimistic about the U.S. economy. Then, Heidi Moore, a financial journalist in New York City and former reporter for The Wall Street Journal and Felix Salmon, finance blogger for Reuters, preview Federal Reserve Chairman Bernanke's speech and discuss the latest economic news.

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The Takeaway

Fed Chair Warns Nation's Budget on "Unsustainable Path"

Thursday, June 10, 2010

Federal Reserve Chairman Ben Bernanke had troubling words when he testified before the House Budget Committee on Wednesday. In describing the state of the economy, Bernanke said that the nation’s budget “appears to be on an unsustainable path.”  The New York Times’ Wall Street and finance reporter Louise Story, explains that the chairman’s critique is a serious matter, and discusses the possible further economic pitfalls that lie ahead.

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The Takeaway

Takeouts: Preparing for Floods in North Dakota, Greenspan's Sober Report on Financial Crisis

Friday, March 19, 2010

  • ENVIRONMENT TAKEOUT: It's flood season in North Dakota. Prairie Public Broadcasting reporter Todd McDonald gives us the latest on the flood preparations in Fargo and tells us why some people are still not moving away from the town's most exposed area.
  • MONEY TAKEOUT: Former Fed chairman Alan Greenspan will be at the Brookings Institution today to present his most detailed report on the roots of the financial meltdown, 48-page paper titled, "The Crisis." New York Times reporter Louise Story discusses Greenspan's limited admission of failure and his new argument on what really caused the housing bubble.

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The Takeaway

Takeouts: A Confident Fed Maintains Interest Rates, Tiger Is Back

Wednesday, March 17, 2010

  • FINANCIAL TAKEOUT:  Expressing a deep, if cautious, confidence in our current economic recovery, The Federal Reserve decided to maintain the national interest rate yesterday. Louise Story, Wall Street and finance reporter for our The New York Times tells us whether or not that confidence is justified.
  • SPORTS TAKEOUT: Sports contributor, Ibrahim Abdul-Matin, weighs in on Tiger Woods' announcement that he will play in the Master's next month.

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The Takeaway

Takeouts: Fed Strategies, Bowl Games, Comfort Foods

Thursday, January 07, 2010

  • Business Takeout: New York Times finance reporter Louise Story brings just-released minutes from a meeting of the Federal Reserve; she says the members disagree about how best to shore up the economy.
  • Sports Takeout: Sports contributor Ibrahim Abdul-Matin previews college football's CITI BCS National Championship Game between no. 2 Texas and no. 1 Alabama.
  • Listener Takeout: We got all kinds of responses from our listeners when we talked about Elvis Presley's favorite comfort foods yesterday – the King would have been 75 this week.

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The Takeaway

Debate Over Pay Cuts at Bailed-Out Banks

Friday, October 23, 2009

The Obama administration plans to cut executives' pay at companies that received taxpayer money as part of the financial bailout. Meanwhile, the Federal Reserve says it will monitor bank pay packages in the hopes of deterring payouts that reward overly-risky behavior. For a look at what this means for recruiters we're joined by Joe Nocera, business columnist for The New York Times.

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The Takeaway

Fed Moves Beyond Interest Rates

Tuesday, September 22, 2009

The Federal Reserve meets today against an improving economic backdrop. For once, inflation and interest rates are not the news of the day. Louise Story, finance reporter for our partner The New York Times, looks at what else the Fed is acting on right now.

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