central banks

The Federal Reserve, acting with five other central banks, took further steps Wednesday to make it cheaper for banks around the world to trade in U.S. dollars.

There's growing concern that the world's central banks are flooding financial institutions with too much cash, setting the stage for another asset-bubble burst.

Do banks just need to put on the brakes? Bob Moon reports.

Central banks have taken extraordinary steps to get the global economy going again, but easy money may be creating its own problems.

This week, both the World Bank and IMF warned that asset bubbles could be back, particularly in Asia. Steve Henn reports.

The newly formed Alliance for Financial Inclusion, which includes more than one hundred central banks and other financial policy makers in sixty developing countries, will work to deliver financial services to millions of the world's poor....

As we're already seeing outside the US, central banks won't stop printing money if it means choking off growth. Don't expect anything different from the Fed.

Iceland and Hungary have turned to the International Monetary Fund for financial aid. Kai Ryssdal talks with Rhagu Rajan, an economics professor and former IMF chief economist, about the Fund's new, more public role.

The Fed soon starts lending directly to corporations, plus it's pledged unlimited dollars to foreign central banks.

So, just how much is this gonna cost and where's the Fed getting the money? Steve Henn finds out.

The Fed and five other central banks made history by coordinating half-percentage-point interest-rate cuts.

That had never been done before. Steve Henn reports on how it went.

Six central banks -- including those of the U.S., Japan and Switzerland -- have added another $180 billion worth of credit into the global banking system.

They're all trying to get banks lending money again. John Dimsdale reports.