News
Bloomberg | Draghi Move to Zero Rates Fuels Talk of QE in ECB Armory
The European Central Bank’s step into the world of zero interest rates is fueling speculation it may eventually be forced to follow the Federal Reserve and the Bank of England with large-scale asset purchases.
WSJ | Central Banks Take Action
Central banks in China, the euro zone, the U.K. and other countries took new steps to bolster growth amid mounting worries about the global economy, but the moves didn't appear to reassure investors.
Bloomberg | Credit Swaps in U.S. Climb as Payrolls Rise Less Than Forecast
A gauge of U.S. corporate debt risk rose for a second day after U.S. employment increased less than forecast, fueling concerns that labor-market growth is cooling.
Blogs
Economist | A monetary policy for the 1%
The proper role of a central bank has been under much discussion lately. In its recent annual report, the Bank for International Settlements lamented central banks being forced into loose monetary policy as politicians fail to take steps to restructure their economies for growth.
