The State of the economy as the Federal Reserve continues stimulus
September 23, 2013
The Federal Reserve voted last week to continue their stimulus bond-buying program. The news surprised financial experts who predicted the Fed would begin tapering the $85 billion-a-month program. This announcement came just days after the five year anniversary of the Lehman Brothers failure that precipitated the 2008 financial collapse. So this hour we’ll talk about the Federal Reserve decision, what it says about the state of the economy, and the question of Chairman Bernanke’s successor. We’ll also look at what’s changed on Wall Street five years after the meltdown. Guest host Tracey Matisak talks with BINYAMIN APPELBAUM, Washington Correspondent who covers business and economic topics for The New York Times, and JIM TANKERSLEY, Economics Policy Correspondent for the Washington Post.