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KPCC Radio: Federal Reserve

KQED Forum: Inflation, the Federal Reserve, and the Housing Bubble

Wed, Sep 19, 2007 -- 9:00 AM: Inflation and the Housing Bubble:

Amid the Federal Reserve's cut of U.S. interest rates on Tuesday, the show examines what the central bank has done, why and what it portends for the U.S. and the global economy. Guests include John B. Taylor, professor of economics at Stanford, senior fellow at the Hoover Institute and author of "Global Financial Warriors"; Brad DeLong, professor of economics at UC Berkeley and research associate at the National Bureau of Economic Research; and Ethan Harris, chief U.S. economist at Lehman Brothers Holdings, Inc.