News
Bloomberg | Fed Bond-Buying Option Is Kept in Reserve as Officials Weigh Economic Data
Federal Reserve officials are keeping open the option of a third round of bond purchases in case the economy weakens or inflation stays low.
National Journal | World Bank Chief to Step Down in June - Report
Robert Zoellick, the World Bank’s top official, will leave office after his five-year term expires on June 30, The Washington Post reports. Zoellick began his term under President George W. Bush.
Bloomberg | January Wholesale Prices in U.S. Rise 0.1%
Wholesale prices in the U.S. rose less than forecast in January as food and energy costs dropped, a sign inflation pressures may remain subdued.
Bloomberg | Sweden Abandons Rate Increases as Euro Debt Crisis Hits Nordics
Sweden’s central bank abandoned interest rate increases for the rest of the year as Europe’s debt crisis extends its reach further north and policy makers warn weak exports are destroying jobs.
Econ Comments & Analysis
CNBC | Monetary Policy Posing Inflation Risk: Fed's Fisher
A top Federal Reserve official warned Wednesday against taking easy monetary policy too far, saying the responsibility for healing the jobs market lies with Congress and the administration, not the Fed.
