News
Market Watch | 5 questions Bernanke’s speech may answer
Game time for Federal Reserve Chairman Ben Bernanke’s speech in Jackson Hole, Wyo. is 10 a.m. Eastern Friday. Here’s what to look for in the speech by the world’s most important central banker.
Bloomberg | Bernanke Is Unlikely to Promise New Action by the Fed
Fed Chairman Ben Bernanke is unlikely to use his speech Friday at the Federal Reserve's annual Jackson Hole, Wyo., conclave to unveil new efforts to bolster the U.S. economy—despite financial markets' lingering hopes that he will.
Econ Comments
WSJ | The Fed vs. the Recovery
How is increasing the price of imported oil and industrial commodities supposed to make U.S. industry more competitive?
CNBC | Fed Too Pessimistic, More Easing Not Needed: Plosser
"Monetary policy should be dictated on the state of the economy, not on the calendar. A lot can happen in two years," Plosser said. "I think we need to be clear about conditioning our actions on how the economy evolves...I didn't think it was a well-crafted communication strategy that we used."
Cato Institute | The Federal Reserve's Flawed Approach To Monetary Policy
Printing money is not a panacea for the ailing U.S. economy. The unemployment/slow growth quandary is due to structural problems and to policy uncertainty, not to the lack of monetary stimulus.
