News
WSJ | Swiss Franc-ensense
Central banking in a currency crisis.
Market Watch | Bernanke gets another shot to lay out QE3 options
With an economy barely growing and fiscal policy constrained by gridlock, Federal Reserve Chairman Ben Bernanke will get an opportunity Thursday in Minnesota to lay out what the U.S. central bank can do to revive the economy.
Market Watch | ECB expected to signal end to rate hikes
Jean-Claude Trichet always talks tough on inflation, but economists say the European Central Bank president is likely Thursday to signal an end to the rate-hike cycle on growing evidence the pace of price rises has peaked and the euro-zone economy could soon contract amid increasing turmoil related to the debt crisis.
Blogs
Daily Capitalist | Worldwide Inflation Up 3.1%
Wait until the ECB starts pumping money into the eurozone. Then we’ll see real price “instability.”
WSJ: Real Time Economics | Dallas, Kansas City Feds Continue to Vote for Discount Rate Increase
Federal Reserve policymakers saw increased uncertainty about the likely pace of U.S. economic improvement, according to minutes of meetings on the central bank’s discount rate.