News
Bloomberg | Policy Makers Bemoan Currency Strength as Yellen Defends Fed
Policy makers from around the world bemoaned the economic threat of strong exchange rates as the Federal Reserve played down its influence in currency markets.
Econ Comments & Analysis
The American | How to Think about QE3
Alan Blinder, a prominent Democratic economist, once complained that when economists are in broad agreement with high confidence (on the issue of free trade, for example), they are never consulted. Instead, journalists and laymen ask economists to make pronouncements only on topics where there is little confidence and strong disagreement.
Blogs
Economist | Trickle-down central banking
How is bond-buying by the Federal Reserve supposed to help the real economy? Last week, my colleague and I debated the potency of monetary stimulus when household balance sheets were constrained. Instead of arguing in a vacuum, perhaps it would be better to ask Ben Bernanke, the Fed’s chairman, how he thinks the Fed is assisting the recovery.
