News
CNN Money | Why is the Fed still so nervous?
The Fed may now be too bearish. It is now pledging to keep interest rates near zero for nearly another three years, pushing out its expectations for its next rate hike from mid-2013 to late 2014.
Econ Comments & Analysis
Bloomberg | Fed Easing May Harm Long-Term Economic Growth, Warsh Says
“Recent policy activism -- measures that go beyond a central bank’s capacity or traditional remit -- threatens to forestall recovery and harms long-term growth,” Warsh said in a speech today in Stanford, California.
WSJ | The Zero Decade
The two most powerful men in Washington have a big disagreement. We mean Mr. Obama and Federal Reserve Chairman Ben Bernanke, who can't seem to agree on the health of the U.S. economy.
Washington Times | Making sense of Fed keeping interest rates low
Compared to the initial weeks of 2012, this week was chock-full of activity from a pickup in corporate earnings, Republican presidential candidate debates, the State of the Union address, economic forecast updates and, of course, the latest economic data.
