News
Bloomberg | Declining U.S. Growth Forecasts Keep Rates Low
With third quarter growth looking weaker than before, the probability that the Fed will ease monetary policy has risen, Hatzius said in a July 15 report. Fed Chairman Ben S. Bernanke told Congress on July 13 the central bank is prepared to take additional action, including buying more government bonds, if the economy appears to be in danger of stalling.
Market Watch | How the dollar could rise if no debt deal
It’s certainly counterintuitive, but the U.S. dollar could actually appreciate if the U.S. government doesn’t raise the debt ceiling by the Aug. 2 deadline, some strategists say.
Econ Comments
WSJ | Why the Fed Is Not Independent
The Fed's foray into fiscal policy makes for a volatile political mix that all but guarantees control from without..
