Econ Comments & Analysis
WSJ | Why We Can't Believe the Fed
The Federal Reserve's interest rate-setting Open Market Committee recently broke new ground in Chairman Ben Bernanke's transparency campaign by proffering predictions of its own behavior over the next three years.
Blogs
WSJ | ‘Why This Time Could Be Different’ With High Gasoline Prices
Soaring oil prices in the spring of 2008 sent gasoline prices surging and accelerated the recession. Now, rising gas prices are threatening the recovery. But lower natural gas and utility costs this time around might limit some of the damage, says Deutsche Bank chief U.S. economist Joseph LaVorgna.
WSJ | Boston Fed Sought Lower Discount Rate, While Kansas City Fed Wanted Increase
Federal Reserve officials expected “only moderate growth” in the coming quarters, despite improvement in some recent economic data, according to minutes of discount-rate meetings held last month and released Tuesday.
Minyanville | The Long-Term Fundamental Case for Gold
A quick glance at most of the headlines over the weekend and one notices that the primary focus seemed to be either calling a near-term top in domestic equity indices or concentrating on the Greek debt situation. Why is anyone even paying attention to what is going on over there?
