News
NY Times | Two Central Banks and the Sound of Silence
When is no news big news? When central bankers, confronted by a crisis in this post-Lehman world, convene and take no action.
Econ Comments & Analysis
Washington Times | Much ado about monetary policy
The economy continues to drag, and policymakers refuse to do what it takes to restore prosperity. The official unemployment number climbed to 8.3 percent, and the broadest measure of joblessness, known as the U6, increased to 15 percent for July. Economic growth is stalled at 1.5 percent.
Blogs
Library of Economics | Fed Forecasting Errors
The 3-to-4 percent recovery growth we've been long promising will come out tomorrow, the FOMC basically says every quarterly meeting. Bet your bottom dollar that tomorrow there'll be lower unemployment.
