News
WSJ | China Loosens Grip on Yuan
China made one of its strongest moves yet to show that it believes the yuan is ready to become a global currency by loosening daily trading limits.
CNBC | Bernanke Defends Fed Response to Financial Crisis
Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the largest U.S. financial institutions during the 2008 crisis.
WSJ | Consumer Price Rise Puts Fed in Quandary
Consumer prices rose 2.7% in March from a year ago, presenting a quandary for Federal Reserve officials who say their mission is to keep the inflation rate lower.
Blogs
AEI | Yes, exiting euro can be smooth
Sir, Wolfgang Münchau berates European policy makers for their macroeconomic illiteracy (“The Wolfson prize for European political illiteracy, April 9). Yet by asserting that macroeconomists do not have a model for monetary unions he reveals his own macroeconomic illiteracy.
