News
Bloomberg | Inflation May Embolden Foes of Fed Stimulus
Signs that consumer prices are rising even as the U.S. economy slows may delay additional moves by Federal Reserve Chairman Ben S. Bernanke to spur growth.
Econ Comments
Bloomberg | Fed’s Pianalto Says Weak Growth Warrants Holding Rates Near Zero Until ’13
“With my diminished outlook for economic growth, and my outlook for inflation to soon fall back to 2 percent, I was in favor of providing additional support to the recovery at last week’s FOMC meeting,” Pianalto said today in a speech in Columbus, Ohio.
Blogs
Daily Capitalist | The Fed’s War Against Savers
The Fed needs to stop this war against savers, raise rates, or let the market determine yields, and stop the destructive money “printing” through quantitative easing. If they continue to destroy capital, the economy will face long-term stagnation.
