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Thursday, September 15, 2011

Monetary

News                                                                                                                             
WSJ | Federal Reserve Considers Whether to Twist Again
Federal Reserve Chairman Ben Bernanke has demonstrated a straightforward approach to his job: If the Fed forecasts unemployment will be far above normal and inflation is heading below the Fed's target, then the central bank should do something—even if no tool seems potent enough to fix the economy.
Market Watch | U.S. consumer prices jump 0.4% in August
Americans paid more money for a broad range of goods and services last month, including gas, food, clothing and shelter, and the higher costs ate into their inflation-adjusted income.