News
Bloomberg | Stress Tests Show How Fed Pushed on Balance Sheets
The resilience of the largest U.S. financial firms when tested against a recession more severe than the last one shows regulators have succeeded in pushing banks to build fortress-like balance sheets.
Bloomberg | Bernanke Keeps Easing Option While Signaling Economy Improving
Federal Reserve Chairman Ben S. Bernanke is keeping additional easing on the policy-making table even after upgrading his view on the U.S. expansion.
Econ Comments & Analysis
Forbes | Arse Backwards: The Federal Reserve's Approach to the Housing Market
In reaffirming its near 0% interest rate policy for another three years the Federal Reserve averred that this was necessary to revive the housing market, which, in turn, was necessary for the economy to revive.
Atlantic | The $110 Effect: What Higher Gas Prices Could Really Do to the Economy
Rising oil and gasoline prices are once again threatening the U.S. economic recovery. It is no surprise that the root cause is geopolitical turmoil in the Middle East - this time related to Iran's nuclear ambitions and potential disruptions in oil supply
Blogs
Minyanville | Taylor Rule Suggests Target Federal Funds Rate Should Be Higher
If I have not made it clear by now, I am not a big fan of price-fixing in any form, especially from a body such as the Federal Open Market Committee involved in pretending monetary policy has deterministic outcomes.
Seeking Alpha | The Limits Of Monetary Policy In A Liquidity Trap
One question advocates of expansionary fiscal policy in situations like the global economy's current configuration must face is Mankiw and Weinzerl's [1] question: why not just use monetary policy instead?
WSJ | Parsing the Fed: How the Statement Changed
The Fed’s statement following the March meeting was largely unchanged from January. Officials kept policy steady, noted improvements in labor markets and said inflation pressures are expected to be temporary
