News
Bloomberg | Bernanke Says Federal Reserve Seeks to Increase Clarity About Policy Goals
Federal Reserve Chairman Ben S. Bernanke said the central bank is likely to rely more on public communications as a policy tool as it seeks to provide clarity about the likely future path of interest rates.
Bloomberg | Consumer Prices in U.S. Rise at Slower Pace
The cost of living in the U.S. rose in September at the slowest pace in three months, signaling inflation may moderate as Federal Reserve officials have predicted.
Econ Comments
Market Watch | Fed might use rate hikes to pop bubbles: Bernanke
The comment by Bernanke, restrained as it was, goes against past proclamations. Before the 2008 financial crisis, Fed officials — notably Alan Greenspan, the former chairman — argued that monetary policy was too blunt a tool to combat possible bubbles.
Blogs
Daily Capitalist | Inflation AND Recession?
The PPI for September made a dramatic 0.8% MoM increase. On an annual basis prices rose 7.0%. If you strip out food and energy, the so-called Core price inflation, the Index rose 0.2% MoM and 2.5% YoY.
