News
NY Times | Whispers of Return to Drachma Grow Louder in Greek Crisis
The political upheaval in Athens has suddenly made the once unspeakable — Greek debt default — a distinct possibility.
Blogs
WSJ: Real Time Economics | Bond Dealers See Fed Holding Rate Near 0% at Least Through First Half of 2013
A Bond Dealers of America survey released Tuesday showed most respondents believe the Federal Reserve will hold its benchmark interest rate near zero at least through the first half of 2013 and largely approved of the central bank’s most recent monetary policy move.
Reports
AEI | Three Dangerous Myths about Monetary Policy
As one of the most powerful influences on the US economy, the Federal Reserve is bearing the brunt of significant criticism during this global economic crisis. Though some of this criticism is certainly justified, other suggestions about monetary policies the Fed should pursue to boost the economy are counterproductive.