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Planet Money
1:16 am
Thu September 13, 2012

The Fed's Other Big Power

Give us a sign.
Alex Brandon AP

Originally published on Fri September 14, 2012 1:06 pm

We think of the power of the Federal Reserve as the power of money. After all, the Fed is the one institution that can create U.S. dollars out of thin air.

But recently, Ben Bernanke has argued that the Fed has another, critical power: the power of words. And when you're the chairman of the Fed, a few words can go a long way.

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Economy
1:03 am
Thu September 13, 2012

Fed Stimulus Expected, But Remedy May Not Be Right

Federal Reserve Chairman Ben S. Bernanke in a hearing of the Joint Economic Committee on Capitol Hill in June.
Brendan Smialowski AFP/Getty Images

Originally published on Thu September 13, 2012 8:02 am

Federal Reserve policymakers are meeting in Washington, trying to decide whether — and exactly how — to boost the sluggish economy. Many analysts are expecting the Fed to take action, but they're also beginning to question whether another stimulus program will have any effect.

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Africa
9:12 am
Wed September 12, 2012

Attack In Libya Threatens To Upset U.S. Ties

Originally published on Thu September 13, 2012 6:31 am

Transcript

STEVE INSKEEP, HOST:

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Africa
9:03 am
Wed September 12, 2012

U.S. Ambassador Chris Stevens, 52, Killed In Libya

Originally published on Wed September 12, 2012 8:36 pm

Transcript

STEVE INSKEEP, HOST:

United States ambassadors do not always have a close connection to the countries where they serve. Sometimes, the ambassadors are friends of an American president. Sometimes, they're career diplomats who have posted to many countries over the years.

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Africa
7:15 am
Wed September 12, 2012

U.S. Confirms Deaths Of U.S. Ambassador, Staff

Originally published on Wed September 12, 2012 8:28 pm

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION, from NPR News. I'm Steve Inskeep.

RENEE MONSTAGNE, HOST:

And I'm Renee Montagne. All through the morning we've been getting more details about the attack against the American consulate in Benghazi, Libya.

In the city that was at the heart of the Libyan revolution, protesters killed the U.S. ambassador and three other Americans. Here's Secretary of State Hillary Clinton.

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