News
Bloomberg | Slowing Inflation May Give ECB Room to Maneuver on Interest Rates: Economy
Euro-region inflation (ECCPEMUY) slowed for the first time in five months in December, giving the European Central Bank room to lower borrowing costs further as the economy edges toward a recession.
Market Watch | U.S. dollar falls as economic data improves
The dollar extended its decline Tuesday after stronger-than-expected economic data in the U.S. added to better statistics from Asia and Europe, lifting equity markets as investors felt more comfortable wading into riskier assets at the beginning of a new year.
USA Today | Fed to pull back curtain on members' interest-rate forecasts
The Federal Reserve will begin disclosing the interest-rate forecasts of its policymaking committee members after this month's meeting, a move economists say will let everyone from consumers to corporate treasurers make financial plans with a clearer view of the future.
Blogs
WSJ: Real Time Economics | Economists React: Fed Moves to ‘Alleviate Uncertainty’
Economists and others weigh in on the Fed’s announcement that it will start publishing forecasts for interest rates.
Minyanville | Why China-Japan Currency Deal Could Hurt US Treasuries
Both countries will lose the urge to devalue competitively.
WSJ: Real Time Economics | Latest Fed Transparency Move Draws Mixed Response
The Federal Reserve‘s latest move to open up the policy-making process is getting mixed reviews from economists, who are struggling to make sense of what the central bank is in fact planning to do, as well as what it can accomplish.
