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Fed Weighs Unprecedented Move to Calm Markets

Published on Mar 24, 2008 in Business

NPR: Business Story of the Day Podcast

NPR: Business Story of the Day Podcast

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Fed Weighs Unprecedented Move to Calm Markets

Fed Weighs Unprecedented Move to...

March 24, 2008

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The Federal Reserve and the central banks of Europe and the U.K. may be considering a radical move to stabilize the financial markets: using taxpay... More

The Federal Reserve and the central banks of Europe and the U.K. may be considering a radical move to stabilize the financial markets: using taxpayer money to buy back high-risk subprime mortgage-backed securities -- those at the heart of the housing crisis. Less

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