Pages

Tuesday, November 20, 2012

Monetary

News                                                                                                                             
Market Watch | Bernanke expected to defend ultra-easy policy
Federal Reserve Board Chairman Ben Bernanke will travel to New York City on Tuesday to tell markets that the central bank is not having any second thoughts about its ultra-easy monetary policy stance, Fed watchers said on the eve of the speech.

Econ Comments & Analysis                                                                                            
Market Watch | Fed cannot allow temporary inflation spike: Lacker
The Federal Reserve will lose credibility "for decades to come" if it allows inflation to rise temporarily in order to help stimulate the economy, said Jeffrey Lacker, the president of the Richmond Federal Reserve Bank, on Tuesday.

Blogs                                                                                                                             
Washington Times | Obama’s Keystone conundrum
President Obama claimed throughout the campaign that he would pursue an “all of the above” energy policy. Now that he’s secured a second term, Americans expect him to make good on his promise and allow affordable energy projects to proceed. A powerful signal of his intention to keep his word would be to grant final approval to the Keystone XL pipeline.