News
WSJ | German Inflation Slows
German producer-price inflation slowed to a two-year low in May amid a drop in energy prices, suggesting that the European Central Bank has room to take further action to stem the euro-zone's continuing debt crisis.
Bloomberg | Fed Seen Extending Operation Twist and Avoiding Bond Buys
The Federal Reserve will probably decide today to expand Operation Twist beyond $400 billion to spur growth and buy protection against a deeper crisis in Europe, according to a Bloomberg News survey of economists.
Econ Comments & Analysis
AEI | Germany will decide if the euro survives the summer
The last month has seen two developments that precipitated the full blown financial crisis playing out now in Europe.
Politico | With recovery wobbling, Federal Reserve’s options limited
Expectations aren’t high for Federal Reserve action as the central bank’s policymakers end their two-day meeting Wednesday.
WSJ | Washington Should Lock In Low Rates
America has long been the land of the game show. And at some point just about all of us have screamed at a contestant: "Don't be stupid—take the money!"
Blogs
Reason Foundation | What Twists Will We See from the FOMC Tomorrow?
Rumors are flying everywhere that the Fed is going to ease policy again after its meetings today and tomorrow. The Financial Times declared yesterday that "the doves are ready to act."
WSJ | Effects of Operation Twist Extension Would Likely Be Muted
Extending Operation Twist is an attractive option for the Federal Reserve at its policy meeting that begins Tuesday because the program is relatively uncontroversial.
