News
WSJ | Beijing to Keep Yuan Stable, Premier Says
Chinese Premier Wen Jiabao said China will keep the yuan basically stable to avoid hurting exporters, the highest-level statement yet from Beijing on its currency policy since the U.S. Senate approved a bill that would take China to task over the issue.
CNN: Money | Dollar's biggest risks: Europe and the Fed
Unemployment has been stuck above 9% for months, consumer spending has been stuck in a rut, and overall growth has slowed. Yet, the dollar has still managed to make substantial gains against other major currencies.
WSJ | Central Banks Strain to Fill Gaps in Fiscal Policy
Political gridlock is preventing rich-country governments from responding to what Federal Reserve Chairman Ben Bernanke has delicately described as an economy that is "close to faltering."
