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Business Matters: US Maintains Quantitative Easing

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19/09/2013

US Maintains Quantitative Easing

BBC World Service - Business Matters, US Maintains Quantitative Easing

Why did the US Federal Reserve decide to continue with its bond buying programme?

The US Federal Reserve has decided to maintain its economic stimulus programme at the current level, despite speculation that it would start scaling it back. Chris Low, chief economist for FTN Financial and Morris Reid, managing director for Mercury and former aid to President Bill Clinton, ponder the Fed's next move.

Want to go grab a coffee from Starbucks? You'll now have to leave your guns at the door - a policy that has provoked both relief and outrage in the US. Shannon Watts, who runs an organisation called Moms Demand Action, explains why she is glad Starbucks is clamping down on patrons carrying guns.

The German elections are fast approaching and the chances are that Angela Merkel will get re-elected as Chancellor. The BBC's Theo Leggett has been touring Germany from the River Rhine to beyond its eastern border on the River Oder. Today he travels over the border to Poland - and tells us why the Poles care about the polls.

Plus, we are joined by two special guests - Andrew Giles from Zopa explains why peer to peer lending is becoming popular and our regular contributor, Michael Casey from the Wall Street Journal, helps dissect the Federal Reserve' s QE decision.

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