Owen Explains Why the Fed Matters on Marketplace
Ann Owen, the Henry Platt Bristol Professor of Economics, was interviewed for the second time this week on American Public Media’s Marketplace program. In a segment broadcast on Friday, Sept. 20, titled "Why the Federal Reserve's decisions matter to you,” Owen discussed how decisions made by the Federal Reserve affect our financial lives in many ways.
She defined what quantitative easing means and how an increasing money supply directly relates to favorable interest rates. “The Federal Reserve can make a big difference in your financial life,” Owen said.