News
Market Watch | Euro-zone April annual inflation slows to 2.6%
The annual pace of inflation in the 17-nation euro zone slowed less than expected to 2.6% in April from 2.7% in March, the European Union statistics agency Eurostat reported Monday.
WSJ | Banks Push Fed on Rule
Giant banks are making a major push to blunt the impact of a proposed rule that could further constrain their trading profits.
Econ Comments & Analysis
Atlantic | The 2% Catastrophe: How One Number Explains the Miserable Economy
The Federal Reserve balance sheet contains roughly $2.5 trillion worth of Treasuries, Fannie Mae bonds and mortgage-backed securities. But there is one asset the Fed considers invaluable. Credibility.
US News | To Fix the Federal Reserve, Fix Congress First
You might have thought the most broken thing in Washington is Congress, not the Fed. But the mirrors on Capitol Hill apparently don't work, so legislators aren't aware of their own abject ineptitude. All they see are problems elsewhere, which of course require Congressional action.
Blogs
Daily Capitalist | Monetary Policy, The Real Economy, And Asset Prices: Where Are We?
As the Federal Reserve staff prepares for this week’s meetings of the Open Market Committee, it is worth taking stock of the current situation from Fed Chairman Ben Bernanke’s perspective, now three years into economic recovery. Whether or not the prediction of some that 2012 will result in yet a new recession is correct or not, the U.S. economy remains sluggish
