News
WSJ | Fed Searches for Next Step
New Focus on Interest-Rate Plan as Controversial Bond-Buying Strategy Winds Up.
Fox News | Inflation Pressure not Easing on Bernanke
Skyrocketing prices – especially for energy – and concerns about whether the government will be able to address the untamed federal debt are threatening the already anemic recovery.
National Journal | With Easing Program Almost Over, Fed Grapples Over Next Step
Love it or hate it, the Federal Reserve’s much-debated “quantitative easing’’ program to shore up the economy is fast approaching its scheduled completion in June.
Bloomberg | Yen Falls as BOJ's Shirakawa Encourages Bets Interest Rates Will Stay Low
The yen fell versus most of its major counterparts on speculation Japan’s policy makers will maintain monetary stimulus while central banks elsewhere raise interest rates.
Econ Comments
Minyanville | Brazil's Interest Rates Hit 12%, Lower Rise Than Expected
While Brazil's interest rates are some of the world's highest, the rise to 12% is not as high as many investors were hoping.
Minyanville | The "Miracle" of Compound Inflation
Inflation-adjusted GDP growth was just 1.9% on an annualized basis for the last decade, the lowest growth rate since the '30s.
Blogs
The Economist | Who's disappointed in QE2?
The Fed's stimulus has not disappointed, in my view. The Fed itself, well, that's a different story.
