News
Market Watch | Fed should be standing pat now, Lacker says
The Federal Reserve should not be purchasing more assets in the market as bank reserves are already large enough to support a strengthening recovery, said Jeffrey Lacker, the president of the Richmond Federal Reserve Bank, on Thursday.
CNN Money | Inflation remains tame in October
Inflation remained tame in October, as gas prices fell during the month.
Econ Comments & Analysis
Market Watch | Fed debates future asset purchases
Federal Reserve officials faced off in October about whether the central bank needed to buy more assets once its “Operation Twist” program finishes at the end of the year, according to minutes released Wednesday.
Blogs
Bloomberg | Philadelphia Fed Manufacturing Index Falls to -10.7 From 5.7
The Federal Reserve Bank of Philadelphia’s general economic index decreased to minus 10.7 in November from 5.7 a month earlier. A reading of zero is the dividing line between expansion and contraction in the area covering eastern Pennsylvania, southern New Jersey and Delaware.
