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  • August 5, 2008 12:34 PM EDT by Alexis Glick

    Guessing the Fed's Next Move

    This morning on Money for Breakfast we brought together three great minds to discuss the one, two punch that is Bernanke and Paulson.  Who is the face of this credit downturn? Are they tag teaming? Have we seen this in the past? What will Bernanke and the Fed do today? It's widely expected that the Fed will leave rates unchanged. So is the bigger story today, the possible dissention he faces from the likes of Fed President's Fisher or Plosser? We had a great discussion about the Fed, the unusual situation it currently finds itself in and why the Treasury and the Fed have to work together.

    Take a look.

     

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chuck

The question I often ask is this: What cause the credit crunch? and what cause the suprime mortgage mess too? Was it the fed's low rates to curb inflation? Seriously what are the causes of a credit crunch? or a subprime mortgage meltdown? Are there other factors? Still the culprit I suspect is the housing slowdown for the both above. Just a market theory here but what are the real causes of both above has that crossed your mind?

August 5, 2008 at 12:49 pm

about this blog

  • Alexis Glick is an anchor for FOX Business Network. Prior to joining FOX, Glick served as a correspondent for the Today Show and co-anchored the third hour of that program. Before her stint at NBC News, she was the senior trading correspondent for CNBC and reported from the floor of the New York Stock Exchange.

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