The Daily Circuit

Fed action expected to try to invigorate U.S. economy

10:06 AM, September 13, 2012

LISTEN

We'll get an update on what the Federal Reserve might announce on Thursday to jump-start the economy.

From the Associated Press:

If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. Many expect the Fed to unleash its most potent weapon: A third round of bond purchases meant to ease long-term interest rates and spur borrowing and spending. Others foresee a more measured response when the Fed ends a two-day policy meeting ends Thursday: An extension of its timetable for any rise in record-low short-term rates beyond its target of late 2014 at the earliest.

We'll also discuss a possible plan in Congress to only approve another six-month budget and what that short-term deal might mean for the credit rating agencies' views of the country's debt.

comments powered by Disqus
Listen Now

MPR News Radio

Hourly Newscast
On Air Morning Edition®

The Daily Circuit Blog

Field Notes:

Field notes: How a school bus became a house

  When Adam Marcus told his graduate students to do something “full-scale” for their final project, he didn’t think the semester would end with a school bus-house hybrid parked behind Rapson Hall. “I said, ‘We’re going to do full scale,’” said Marcus, a University of Minnesota Architecture School design fellow. “And Hank said, ‘I’m gonna Read more

Politics & Government:

Three perspectives on bridging the marriage opinion gap

Now that Gov. Mark Dayton has signed the same-sex marriage bill into law, we asked the participants on this week’s Roundtable for advice on how to bridge gaps between Minnesotans who support same-sex marriage and those who oppose it. Jim Wallis, author of “On God’s Side,” thinks we are on the cusp of a nationwide Read more