News
Market Watch | Questions, and answers, for Bernanke
It’s the countdown to the first Federal Reserve regularly scheduled press conference, and MarketWatch has invited economists and other close observers to ask their questions — and suggest answers — to Federal Reserve Chairman Ben Bernanke.
Bloomberg | Treasuries Advance Before Fed Meets on Bets Growth Will Suffer
Treasuries rose for a second week as investors speculated that efforts to cut the Federal budget deficit may damp economic growth and awaited a policy statement next week from the Federal Reserve.
Bloomberg | China Should Use Currency to Curb Inflation, Government Researchers Say
Two prominent Chinese state researchers added to calls for the government to use the yuan to help curb inflation that accelerated to a 32-month high in March.
WSJ | Dollar Tumbles to Precrisis Levels
Confidence in the dollar continued to erode Thursday, sending the currency to its lowest levels since before the financial crisis amid mounting concerns about U.S. monetary and fiscal policy.
Econ Comments
CNN: Money | Forget patriotism. Dump the dollar, go long the loonie
Barring any major surprise concessions out of Washington, the U.S. dollar is set up to continue crashing throughout this year. Here's how to play it.
Minyanville | Voodoo Economics: The Subtle Side Effects of Quantitative Easing
Quantitative easing discourages savings, drives a rush to re-risk, encourages volatile capital flows into emerging markets and forces up commodity prices.
Market Watch | When will Bernanke take the punch bowl away
When Ben Bernanke goes before reporters in his first live press conference next week, there’s one question I guarantee he won’t answer: When will you start raising interest rates again?
Blogs
Reason: Peter Suderman | Low Interest Rates Today Don’t Mean We’re Safe From a Fiscal Crisis Tomorrow
Essentially, the administration is arguing that we can safely use interest rates as a warning system.
