News
WSJ | A Forecast of What the Fed Will Do: Stand Pat
Financial markets seem to swerve daily on speculation about what the Federal Reserve is going to do next. One day investors expect the Fed to launch a new bond-buying program to reduce long-term interest rates and boost growth. The next they expect it to raise short-term interest rates sooner than planned to restrain inflation. Investors have been all over the map.
Econ Comments & Analysis
Real Clear Markets | Supply-Side Critics Offer Only Trickle-Down Inflation
Economics is not called the dismal science for nothing. Many professional economists go to great lengths to obscure simple truths inconvenient to their political masters. The media then promote these obfuscations, which are designed to appeal to a misinformed electorate. And that is the truly dismal part.
Blogs
WSJ | Former Fed Official Sketches Out Inflation SurgeThe biggest criticism of the Federal Reserve‘s massive balance-sheet expansion is that it has set the stage for a potential surge in inflation.
