KQED Nightly Business Report August 23, 2014
Moose and the lowhanging clouds came two speeches from arguably the two most powerful central bankers in the world. And their stories were very, very different. Federal reserve chair Janet Yellens highly anticipated speech described an improving u. S. Job market albeit one that is improving slowly, and an economy that is making progress. But her european counterpart, mario draghi, described the euro area economy as one that is sick, and made clear that the u. S. And europe are on very different economic paths. But those werent the only headlines out of the symposium. Something happened there i...