Bringing The World Home To You

© 2023 WUNC North Carolina Public Radio
120 Friday Center Dr
Chapel Hill, NC 27517
919.445.9150 | 800.962.9862
91.5 Chapel Hill 88.9 Manteo 90.9 Rocky Mount 91.1 Welcome 91.9 Fayetteville 90.5 Buxton 94.1 Lumberton 99.9 Southern Pines
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Turmoil On Wall Street Over Housing Rescue Plan

The Federal Reserve and Treasury Department took unprecedented steps over the weekend to boost confidence in mortgage giants Fannie Mae and Freddie Mac. Among other things, they increased a government line of credit available to either company.

Deborah Amos talks with David Wessel of The Wall Street Journal the reaction to the rescue plan on Wall Street.

Copyright 2023 NPR. To see more, visit https://www.npr.org.