Monetary Policy
Fed Chair Jerome Powell: The 2024 60 Minutes Interview
Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country’s banks and more. Scott Pelley reports.
#news #economy #federalreserve
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Understanding the Federal Reserve's Role in Personal Finance - Blog
The FOMC opts to keep interest rates as-is. But what does that mean for us? With the FOMC (Federal Open Market Committee) having their September press conference today, we delve into an essential topic for your students' financial literacy journey: the Federal Reserve's role in shaping personal finances. Let's break down the key topics discussed in today's press conference and explore some engaging discussion questions to use in your classrooms.
How the Fed got so powerful : The Indicator from Planet Money
How much power does the Fed have? According to Fed Chair Jerome Powell, the limit basically does not exist! New York Times reporter Jeanna Smialek joins the show to talk about her new book Limitless: The Federal Reserve Takes on a New Age of Crisis.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
EconExtra: Where did $100's of millions of deposits go? - Blog
Funds have been moving out of banks, particularly small and medium-sized banks. Much has been going into Money Market accounts, while some has moved to larger banks, and some directly into Treasuries. The outflow from banks has been triggered by widespread fears following the SVB and Signature Bank runs and closures. The Financial Times placed the inflows to Money Market funds at $340 billion (graph below.) "Bank deposits have fallen $363 billion to $17.3 trillion since the beginning of March, Fed data show.
Age of Easy Money | FRONTLINE
High inflation, fear of recession and disruptions — like the collapse of Silicon Valley Bank — how did we get here? FRONTLINE examines the Federal Reserve's policies and the potential consequences of its record pace of interest rate hikes to try and fight inflation.
Explainer: U.S. yield curve reaches deepest inversion since 1981: What is it telling us?
Hawkish comments by Federal Reserve Chairman Jerome Powell helped push a closely watched part of the U.S. Treasury yield curve to its deepest inversion since 1981 on Tuesday, once again putting a spotlight on what many investors consider a time-honored recession signal.
The Fed's new dilemma: Protect banks or fight inflation? : The Indicator from Planet Money
Prices are rising. A major bank has collapsed. And the Fed is left holding the hose trying to put out these fires. The question of whether to raise interest rates or not just got even more challenging.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.