LINDA WERTHEIMER, HOST:
NPR's business news starts with a Fed status update.
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STEVE INSKEEP, HOST:
Federal Reserve Chairman Ben Bernanke is in front of the Senate Banking Committee this morning. It's his semi-annual report to Congress.
And Bernanke is facing questions, as he has for years, about the Fed's bond buying program that's been pumping money into the economy and keeping interest rates low. Some lawmakers fear this policy could eventually cause inflation.
WERTHEIMER: Ingenues of a name change, this fall, the international Herald Tribune will be re-introduced as the International New York Times. The Times has been trying to consolidate its brand and expand readership in foreign markets.
INSKEEP: This is a paper owned by The Times that is read in Europe and the Middle East and many other parts of the world. It is not the first time the Herald Tribune will have a new front page, a new masthead, as they call it. It's had several names in its 125 year history. Transcript provided by NPR, Copyright NPR.