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The Aftermath of a Tumultuous Week on Wall Street

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The Aftermath of a Tumultuous Week on Wall Street

Economy

The Aftermath of a Tumultuous Week on Wall Street

The Aftermath of a Tumultuous Week on Wall Street

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  • <iframe src="https://www.npr.org/player/embed/13752984/13752969" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Financial markets around the world seem calmer today — after plummeting last week and then zooming back up on Friday when the U.S. Federal Reserve cut a key interest rate. The housing market still appears to be the epicenter of the jitters, but concerns about credit go much deeper.

Steven Pearlstein, business writer for the Washington Post