News
Bloomberg | Bernanke Outlines Range of Options for Additional Easing
Federal Reserve Chairman Ben S. Bernanke outlined options to ease policy further in case the flagging economic recovery fails to lower unemployment.
CNBC | Strong Possibility of Further Fed Easing by September: Goldman
The U.S. Federal Reserve could ease monetary policy when policymakers meet in August or September, although a large move is more likely to come only after the elections later in the year, Goldman Sachs said in a report.
Econ Comments & Analysis
CRS | LIBOR: Frequently Asked Questions
This report answers several common questions regarding the London Interbank Offer Rate (LIBOR), an index representing prevailing interest rates in London money markets.
Blogs
Economist | To target, and beyond
Britain's inflation figures released this morning—the lowest since November 2009—kill off the idea inflation is its biggest problem. The consumer price index dropped to 2.4% in June, down from 2.8% in May. The retail price index, which includes housing costs, was 2.8% in June, down from 3.1% in May.
FOX News | Bernanke: Fed had no power to change LIBOR
Federal Reserve Chairman Ben Bernanke learned from news reports four years ago that banks were manipulating a key British interest rate. But Bernanke said Tuesday that the Fed was powerless to do anything beyond contacting British authorities.
WSJ | Boston Fed Wants to Cut Discount Rate, Kansas City Fed to Raise It
Federal Reserve officials discussed possible monetary policy action last month amid concerns about recent signs of weakness in the U.S. economic recovery, but kept the discount rate unchanged as expectations continued for moderate growth
