News
Bloomberg | Consumer Prices in U.S. Rise More Than Forecast
The cost of living in the U.S. climbed in July by the most in four months, led by higher energy and food prices. The consumer-price index increased 0.5 percent from June, more than twice the 0.2 percent median forecast.
CNN: Money | Fed dissenters speak out
Three Federal Reserve officials are starting to speak out about why they disagree with Chairman Ben Bernanke on the central bank's latest policy move.
Econ Comments
Bloomberg | Plosser Says Federal Reserve May Have to Increase Rates Before Mid-2013
Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said the Fed will probably need to raise interest rates before mid-2013 and that policy makers should have waited to see how the economy performed before pledging to hold rates at record lows for two years.
