News
Market Watch | Dollar rises to six-week high
Supercommittee deadlock, China warning dent risk appetite.
Market Watch | China to make yuan more flexible: report
The comments do not signal an imminent expansion of the yuan’s daily trading band, but they demonstrate that Wen intends to introduce two-way fluctuations to the yuan as a means of limiting the perception that the currency could only appreciate.
Econ Comments
WSJ | Bailout of First Resort
Europe's central bank can't save spendthrift governments.
NY Times | Central Bankers: Stop Dithering. Do Something
The right thing to do right now is for the Federal Reserve and the European Central Bank to engage in further monetary stimulus.
