News
WSJ | Fed Official Discusses Securities Purchases
Eric Rosengren, president of the Federal Reserve Bank of Boston, made his comments Wednesday in an interview with The Wall Street Journal, just hours after a Fed report showed the economy picked up a little in recent weeks.
Econ Comments
WSJ | Blame the Fed for the Financial Crisis
The Fed fails to grasp that an interest rate is a price, the price of time. Attempting to manipulate that price is as destructive as any other government price control.
Blogs
Daily Capitalist | The Fed Doesn’t Believe We Have Inflation
The CPI for September came out showing year over year price inflation at 3.9%, up from last month’s 3.8%. Prices increase 0.3% over August.