News
Associated Press | End of QE2 has some investors fearing fall in June
Could the financial markets be heading for a June swoon?
CNN: Money | Fed president calls for more regulation
As policymakers and regulators begin the process of building a more stable financial system, it is clear that we cannot rely on a single line of defense but instead need a series of safeguards.
Bloomberg | Bernanke Briefings May Offset Fed Hawks With Words as New Tool
When Federal Reserve Chairman Ben S. Bernanke convenes his first press conference next week, he may emphasize a point the markets seem to have forgotten: He’s serious about keeping interest rates low for an "extended period."
Bloomberg | Greece Denies Restructuring Plan as Traders Raise Default Bet
Greece said it has no plans for a debt restructuring even as German officials openly discuss the possibility and investors charge a record amount to insure the country’s obligations.
Fox Business | Overheating China Threatens Global Inflation
China’s overheating may soon be the world’s problem. Data released on April 14 showed GDP rising at 9.7% in the first quarter, and consumer prices running at a too-fast 5.4%.
NYT | Inflation in China Poses Big Threat to Global Trade
As the United States and Europe struggle to get their economies rolling again China is having the opposite problem: figuring out how to keep its revved- up growth engine from generating runaway inflation.
Econ Comments
Washington Times | Senate budget chief cool on Ryan plan
Says work will be based on 'Gang of Six' plan.
MarketWatch | Beijing inflation medicine not working
A view verging on consensus is that China’s mixture of loan curbs, moderately higher interest rates and administrative measures can successfully slow its giant economy and tame inflation.
Blogs
The Economist: Free Exchange | Europe, courting trouble
Markets were jolted this morning as rumors spread that Greece had gone to the International Monetary Fund and the European Union to request a debt restructuring.
