News
Bloomberg | Emerging Market Economies Must Speed Up Rate Increases, World Bank Says
The Washington-based institution lowered its growth forecast for the world economy this year to 3.2 percent from a January estimate of 3.3 percent, to reflect Japan’s earthquake and political unrest in the Middle East and North Africa. The World Bank left unchanged a prediction for a global rebound to 3.6 percent in 2012.
Market Watch | Five key quotes from Bernanke’s speech
Fed Chairman Ben Bernanke spoke in Atlanta Tuesday in his first public comments following last Friday’s disastrous jobs report.
Econ Comments
Minyanville | Fed Chairman Ben Bernanke spoke in Atlanta Tuesday in his first public comments following last Friday’s disastrous jobs report.
As the Fed's primary goal is to keep Treasury yields down, the stock market may suffer as a result.
Blogs
Political Calculations | The Taylor Rule
John Taylor is, of course the guy who invented the Taylor Rule. And recently, he got a bit annoyed with some other guys who had different ideas fro what level the Fed should set that base interest rate for U.S. banks, who invoked his rule to justify their preferences.
Cato @ Liberty | Trade Agreements Promote U.S. Manufacturing Exports
Do trade agreements promote trade? The answer appears to be yes. In a new Cato Free Trade Bulletin released today, I examine the record of trade agreements the United States has signed with 14 other nations during the past decade.
