The U.S. Federal Reserve in its latest minutes says that the record-low rates may lead to excessive speculation and affect expectations for low inflation. For more, BNN speaks to Jeffrey Frankel, James W. Harpel professor of Capital Formation and Growth, Kennedy School of Government, Harvard University.
The U.S. Congress has proposed an end to the concept of "too big to fail" with a plan that would allow the federal government to break up banks. BNN speaks to Rolfe Winkler, blogger, Reuters, who says that this amendment has serious flaws.