This podcast is from MSN’s Slate magazine. It is an interview with David Wessel, author of the book In Fed We Trust: Ben Bernanke’s War on the Great Panic. The book and the podcast consider the recent history of the Federal Reserve Bank of America (the USA’s central bank) and its handling of the sub-prime crisis and the credit crunch.
In Fed We Trust: A podcast with author David Wessel MSN Slate (10/8/09)
Questions
- What actions were taken by the Fed as the credit crisis unfolded?
- According to David Wessel, what mistakes were made by the Fed in handling the credit crisis?
- How successful was the Fed in steering the economy through the credit crisis and subsequent recession?
- How is the role of the Fed likely to change in the future?