News
Bloomberg | Fischer Backs Fed QE3 as World ‘Awfully Close’ to Recession
Bank of Israel Governor Stanley Fischer said the world is “awfully close” to a recession, and backed the Federal Reserve’s increase in quantitative easing as strengthening its policy credibility.
CNN Money | Treasury delays report that could hit China on currency
The Treasury Department said Friday that it was delaying the release of a report on international exchange rates that often contains criticism of China's currency policies.
Bloomberg | Dudley Says Fed Won’t Make ‘Hasty’ Exit From Stimulus
Federal Reserve Bank of New York President William C. Dudley said the central bank won’t cut back record monetary stimulus too quickly when the economy begins to gain strength.
Econ Comments & Analysis
Project Syndicate | Hard to be Easing
The United States Federal Reserve’s decision to undertake a third round of quantitative easing, or QE3, has raised three important questions.
CNN Money | Fed's Dudley: Stimulus could have been 'more aggressive'
Falling mortgage rates fueled by the Fed are having only a limited impact on the economy, said Federal Reserve Bank of New York President William Dudley Monday.
Blogs
Calculated Risk | Bernanke: On the international impact of US accommodative Monetary Policy
Bernanke's conclusion is: [US monetary] "policy not only helps strengthen the U.S. economic recovery, but by boosting U.S. spending and growth, it has the effect of helping support the global economy as well."
