News
WSJ | Economists Don't See Fed Action This Year
More economists are convinced the Federal Reserve won't take further action to spur growth this year as the economy appears to be on firmer footing, according to The Wall Street Journal's monthly economic-forecasting survey.
Bloomberg | ECB Seen Favoring Bond Buying Over Bank Loans
The European Central Bank will restart its controversial government bond purchases rather than offer banks another round of unlimited three-year loans as the sovereign debt crisis worsens, a survey of economists shows.
Market Watch | Post-Fedspeak deluge, QE3 is in play — but not yet
The 12 different Federal Reserve speakers who hit the lecture trail this week were all willing to, in theory at least, indulge positions at odds with their reputation.
Market Watch | U.S. cost of living climbs 0.3% in March
The cost of living rose again in March even as the price of gasoline leveled off, the U.S. government reported Friday.
Econ Comments & Analysis
Forbes | Keynesian "Easy Money" Is Nothing But Currency Devaluation
Virtually all mainstream academic economists today are Keynesians/neo-Mercantilists by this measure, although they probably would not label themselves such. Part of the career strategy of most any academic today is to apply a veneer of novelty or innovation to what are in fact ancient ideas.
FOX Business | Plosser: Fed Should Offer More Clarity on Potential Policy Moves
In a speech to economists in Washington, D.C., Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said Thursday that the central bank should give consumers, investors and businesses more information about economic forecasts officials may plug into their policymaking and more guidance on how and when the might react to them if they prove accurate--which also would provide signals to how they might react if their projections don't come to pass.
