News
Bloomberg | Bernanke Says Europe Must Aid Banks Even as Strains Ease
Federal Reserve Chairman Ben S. Bernanke said Europe must further strengthen its banks and that its financial and economic situation “remains difficult” even as stresses have lessened, according to testimony prepared for delivery to U.S. lawmakers today.
Econ Comments & Analysis
Market Watch | Slow-cooking inflation as a global problem
The U.S. gross domestic product deflator rose to 2.2% in 2011 from 1.2% in 2010, and China’s rose to 8.3% from 7.4%.
Market Watch | Kocherlakota: Fed's done what it can on employment
Minneapolis Fed President Narayana Kocherlakota said Tuesday that the Federal Reserve is doing about as well as it can in promoting employment, despite the unemployment rate running at 8.3%.
Blogs
Economist | What's inflation telling us about the output gap?
My colleague makes many excellent points in this morning's post on potential output. We are, for the most part, singing from the same hymnal. For the most part, but not entirely.
Daily Capitalist | A Booming Money Supply Is Sowing The Seeds Of The Next Great(er) Recession
The next Great Recession is in the making. The money supply trends say so. And it is looking more and more like this next Greater Recession is going to be one for the ages
