News
WSJ | Fresh Warnings on Money Policies
Three global central-bank leaders warned that decision makers needed to be on alert for an array of risks associated with their easy-money policies.
Econ Comments & Analysis
Bloomberg | Fed More Effective With Inflation, Funds Rate Goals
The Federal Reserve’s decision to spell out the optimal rate at which prices should increase in the U.S. and the possible trajectory of its benchmark interest rate will make policy more effective, a survey showed.
Forbes | Zero Interest Rate Policy Is Batting Zero
Popular economic theory says artificially low rates of interest stimulate the economy, but history says otherwise.
Blogs
Economist | Those cautious central bankers
Central bankers seem to love thinking of themselves as sober, serious individuals, always alert to the potential risks of their actions. Some of them, anyway.
Daily Capitalist | Is Inflation, A Stagnant Economy, And Lower Standard Of Living In Our Future?
On August 15, 1971, President Richard Nixon unilaterally terminated U.S. obligations under the 27-year old Bretton Woods monetary framework, and with it the U.S. Dollar link to gold. The world became at once a global economy based on government-run fiat currencies
Economist | What is the Fed telling markets?
Last year, the Fed began its most aggressive ever use of "forward guidance" as a monetary-policy tool, when it provided a calendar date—initially 2013, now late 2014—through which the Fed was likely to leave rates at exceptionally low levels.
