American legislators want to discover more about the role of the US Federal Reserve in the global financial crisis. A Congressional committee has already voted for an audit of the country’s Central Bank. For almost a hundred years the Fed has regulated interest rates and the amount of money floating around the US economy. Now Americans want to know where that money actually goes.
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Trichet: phasing out crisis measures to take time
It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank’s president has said.
Read more on Seattle Times
Trichet: Phasing Out Crisis Measures To Take Time
It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank’s president has said.
Read more on WCVB Boston
