News
Market Watch | Bernanke signals uncertainty as Fed ends QE2
Federal Reserve Board Chairman Ben Bernanke said Wednesday he didn’t have all the answers as to why the economy has struggled recently as the U.S. central bank closed the doors on a controversial bond purchase program.
Market Watch | Five money moves one inflation hawk is making now
QE2 is steaming into port, and Capt. Bernanke is about to broadside the S.S. United States.
CNBC | China June Inflation Likely to Top May's 5.5 Percent
China's annual inflatin in June will be higher than May's 34- month high of 5.5 percent before moderating in the second half, the National Development and Reform Commission said on Wednesday.
Econ Comments
Washington Times | PAUL: Time to end Federal Reserve secrecy
Central bankers don’t want us to know what happened during 2008 bailouts.
Washington Post | China’s currency of opportunity
The United States and China have a wonderful opportunity to do a deal over the ever-contentious issue of China’s undervalued currency — but will probably blow it. For years, American presidents and congressional leaders have urged a major revaluation of the renminbi (RMB), which contributes to massive Chinese trade surpluses with the United States and the world.
Minyanville | Despite Inflation, Bank of England May Buy Bonds; Is Bernanke to Follow?
With the unemployment level near 8*% and the economy struggling, the UK has implemented austerity measures, but with little to show for it.
