News
Bloomberg | China’s Inflation Cools for Fifth Month, May Presage More Easing: Economy
China’s inflation cooled to a 15- month low and producer-price gains were the smallest in 2 years in December, leaving the government more room to support growth as a global slowdown hurts exports.
Market Watch | European Central Bank holds rates steady
Bank of England keeps rates, quantitative-easing program unchanged.
Econ Comments and Analysis
Bloomberg | Fed Officials Split on Easing
Federal Reserve officials disagreed on the need for more easing amid signs of improvement in the economy that may shape the interest-rate forecasts they will reveal for the first time this month.
Blogs
WSJ: Real Time Economics | Plosser: Fed May Have to Raise Rates Before Mid-2013
The Federal Reserve may have to tighten monetary policy before many now expect, a central bank official said in a speech that also said the U.S. economy will do better in 2012 amid improved labor markets.
WSJ: Real Time Economics | Kocherlakota Shines Light on Mechanics of Fed Meetings
When Ben Bernanke took command of the Federal Reserve, the former academic was widely reported to have brought a more free-wheeling, open debate to monetary policy meetings, in a break from Alan Greenspan‘s tightly controlled discussions.
Calculated Risk | Fed's Beige Book: Economic activity increased at "modest to moderate" pace
Contact reports from the twelve Federal Reserve Districts suggest that national economic activity expanded at a modest to moderate pace during the reporting period of late November through the end of December.
