News Clip4:26
Bloomberg

N.Y. Fed Takes $53.2 Billion of Securities, Treasuries in Repo Op

Higher Ed
Sep.17 -- The New York Fed conducted an overnight system repurchase agreement for the first time in a decade. Bloomberg's Michael McKee has the details on "Bloomberg Markets."
News Clip3:13
Bloomberg

Fed to Start Buying $60 Billion of Treasury Bills Per Month

Higher Ed
Oct.11 -- The Federal Reserve said on Friday it will begin buying $60 billion of Treasury bills per month in mid-October as it seeks to rebuild its balance sheet and avoid a repeat of the turmoil that racked the money markets in...
News Clip4:50
Bloomberg

Stock Market Rise on Fed Repo Not a 'Credible Story,' Bill Dudley Says

Higher Ed
Jan.29 -- Former New York Federal Reserve President and Bloomberg Opinion columnist William Dudley discusses the Fed's purchase of Treasury bills and its impact on equity markets. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg...
News Clip5:24
Bloomberg

Debating the Usefulness of Negative Interest Rates

Higher Ed
Aug. 26 -- Marvin Goodfriend, Carnegie Mellon University professor, comments on the usefulness of negative interest rates. He speaks with Bloomberg's Mike McKee at the Kansas City Fed's Economic Symposium in Jackson Hole, Wyoming.
News Clip4:17
Bloomberg

Michele: Italian Regulator Action Shows Frail Banks

Higher Ed
June 30 -- Bob Michele, global chief investment officer at JPMorgan Asset Management, discusses action by Italian regulators to backstop the nation's banks, the impact of negative interest rates on banks, and how Brexit can reshape...
News Clip1:33
Bloomberg

PBOC Boosts FX Forwards Trading Reserve Requirement to 20%

Higher Ed
Aug.03 -- The People's Bank of China adjusted the reserve requirement to 20 percent for financial institutions when conducting some forex forwards trading. Bloomberg's Richard Jones reports on "Bloomberg Daybreak: Americas."
Instructional Video11:07
Khan Academy

Banking 4: Multiplier Effect and the Money Supply

9th - Higher Ed
In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...
Instructional Video11:48
Khan Academy

Banking 3: Fractional Reserve Banking

9th - Higher Ed
With just 1000 pieces of fictional gold, Sal takes viewers through fractional reserve banking. He explains how deposits made into a bank can be assets and liabilities, and the role of having reserves. Additionally, he demonstrates the...
Instructional Video11:42
Khan Academy

Banking 14: Fed Funds Rate

9th - Higher Ed
With bright, simple diagrams, Sal explains the role of the Federal Reserve in determining lending rates between banks. He also discusses open market operations and the way the Fed connects to Congress and the U.S. Government.
Instructional Video
Khan Academy

Khan Academy: Why Current and Capital Accounts Net Out

9th - 10th
This video explains the intuition behind why the current account and capital account should balance. Sal Khan uses the U.S. 2007 account as an example. [7:14]
Instructional Video
Khan Academy

Khan Academy: Fed Open Market Operations

9th - 10th
Sal Khan explains the Federal Reserve's open market operations. [4:36]