Econ Comments
Bloomberg | Bernanke May Need to Stay ‘Above Politics’ in Debt Standoff
The central banker would risk angering politicians and roiling markets should he get involved in talks, recommend a specific tax and spending plan or repeat the force of his 2008 pleas for a financial rescue, members of Congress from both parties said.
Market Watch | Fed’s Hoenig criticizes easy-money policy
The retiring president of the Kansas City Federal Reserve told U.S. lawmakers on Tuesday that the central bank’s aggressive efforts to help the economy might be hurting it instead.