Bernanke may go beyond zero
Zip. Zilch. Nada. Goose-Egg. The result of a series of meetings the Fed is holding this week may result in Chairman Ben Bernanke lowering the interest rate to 0%. But what is a Fed Chairman to do when there are longer rates to cut? How do you keep the economy rolling and have we ever seen this before? Joining The Takeaway to discuss this brave new world is Vincent Reinhart, the former director of monetary affairs for the Federal Reserve and a resident scholar at the American Enterprise Institute.
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