News
Bloomberg | Federal Reserve Frets Over Fiscal Recklessness Behind Calm of 0.09% Yield
The central bank chief and his lieutenants are expressing concern that Congress’s failure to close what Dallas Fed President Richard Fisher called the nation’s “fiscal sinkhole” puts the economy at risk. At the same time, they say that acting too quickly may choke off a recovery hobbled by an unemployment rate above 9 percent.
CNN: Money | Economy's 'training wheels' to come off
"I don't think the end of QE2 will have any significant immediate impact on interest rates, stock prices, jobs or the broader economy," said Mark Zandi, chief economist with Moody's Analytics.
Econ Comments
WSJ | QE2 Proves No Silver Bullet
Fed Program Keeps Deflation at Bay but Ends Amid Weak Economy and Dollar.
Market Watch | Who really benefited from QE2 anyway?
The Federal Reserve’s $600 billion program of “quantitative easing” has been great for Wall Street.
Blogs
Cato @ Liberty | Why Fed Ed Fails, and Proposals to Stop the Madness
On Monday, we took the word right to Capitol Hill: The federal government has been an abject education failure, and the only acceptable solution to the problem is for Uncle Sam to leave our kids alone
WSJ: Real Times Economics | Fed Statement Following June Meeting
The following is the full text of the statement following the Fed’s June meeting:
