News
WSJ | Fed Official Warns Inflation Can't Solve Debt Woes
A U.S. central-bank official said Thursday that using inflation to ease the burden created by high debt levels is a bad idea, in remarks that highlighted an expectation of continued progress in lowering high levels of unemployment.
Econ Comments & Analysis
Real Clear Markets | Central Banks Gone Wild: Money Is Now a Total Fiction
For the most part the general public has distinct and sometimes divergent views on the Federal Reserve and the European Central Bank (ECB). Obviously, there are political and institutional differences that present both with unique challenges, meaning that what constraints apply to the Fed do not always apply to the ECB and vice versa.
Source | QE3 was a sign of failure
When Federal Reserve Chairman Ben Bernanke announced a new round of unconventional monetary stimulus last month, he couched it in the language of grim necessity
