News
Bloomberg | Draghi Softens Tone on Inflation, Calls for Growth Compact
European Central Bank President Mario Draghi softened his tone on the inflation outlook and called for a “growth compact” as the sovereign debt crisis weighs on the euro-area economy.
USA Today | Fed not likely to change rates Wednesday; statement is key
The Federal Reserve will have plenty to say about the economy Wednesday, when its two-day policy meeting ends with a statement, updated forecasts and Chairman Ben Bernanke's news conference.
Politico | Stimulus expected to lapse in June
The Federal Reserve looks ready to take the training wheels off the recovery, despite signs that the economy is wobbling again.
Bloomberg | Fed Officials Weigh Rules-Based Policy That Stay Flexible
Federal Reserve officials are struggling to find consensus on a policy rule that’s predictable to investors yet flexible enough to adjust to shifts in the economy or markets.
Econ Comments & Analysis
Forbes | Maintaining America's Prosperity Requires A Single Fed Mandate
In 2008 and 2009, the Federal Reserve joined with the Administration and Congress to take bold and pervasive steps, some might even argue outside their boundaries, to successfully stabilize a teetering global economy.
CATO | A Gold-based Currency Board, Please
Until early in the 20th century, gold played a central role in the world of money. Gold had an incredible run — almost three thousand years. And why not?
