News
Bloomberg | Fed Officials Open to Additional Easing as They Monitor Risks to Economy
Federal Reserve officials are staying open to further monetary easing this year as they monitor risks that threaten to move the economy further away from their mandate for stable prices and full employment.
Market Watch | Regulator: Volcker puts U.S. banks at disadvantage
U.S. banks will operate at a competitive disadvantage with foreign institutions because of new limitations on speculative trading being imposed on them by the Volcker Rule.
Bloomberg | IMF Seeks $500B Boost to Lending Resources
The International Monetary Fund is proposing to raise its lending capacity by $500 billion to insulate the global economy against any worsening of Europe’s debt crisis, according to a person familiar with the talks.
Econ Comments and Analysis
RCM | Ben Bernanke Is Finally Right For Being Wrong
Fed critics from the left and right will doubtless seek to use Bernanke's utterances as weaponry meant to further discredit a Fed Chairman who is expert at always being wrong, but they'd be unwise to do so.
