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Past emergencies the Fed calls on to deal with the pandemic
Bob McTeer joins Jim Blasingame to reveal the long list of emergencies the Fed has dealt with in the past 20+ years to maintain economic and monetary stability as it deals with the coronavirus pandemic.
Category:
Coronavirus, Government, Politics
More interviews with Bob McTeer »See all
Bob McTeer joins Jim Blasingame to report on a little-known part of the Federal Reserve Act – Section 13.3 – which allows the Fed to help small businesses directly as a “lender of last resort” during emergency periods.
Bob McTeer joins Jim Blasingame to discuss the job that Chairman Yellen has done leading the Fed, and to predict that she will likely be replaced when her term is up.
Bob McTeer joins Jim Blasingame to discuss the unprecedented size of the Fed balance sheet and whether it’s time to begin liquidating it.
Bob McTeer joins Jim Blasingame to agree that the FOMC will likely raise rates a quarter point during the June meeting, and why the current conditions justify this step.
Bob McTeer joins Jim Blasingame to reveal some of the challenges that’s facing the economy in 2017, including a low first quarter and lack of tax and healthcare reform progress by the government.
