Associate Professor of Economics Ann Owen commented on the most recent Federal Reserve decision in an interview titled "New plan could risk confidence in Fed" on American Public Radio's Marketplace. The broadcast on March 12 addressed the Fed's plan to fix the credit crunch by enabling financial firms to borrow from the Fed using mortgage-backed securities as collateral. Owen observed that if the Fed's plan fails, there is a risk that the public will lose confidence in the Fed precipitating serious long-term consequences.
Marketplace has an estimated 8.1 million listeners and is carried on more than 330 radio stations.
Marketplace has an estimated 8.1 million listeners and is carried on more than 330 radio stations.
