News
Market Watch | Fed's Williams sees no asset bubbles from QE
The Federal Reserve's latest round of bond buying has not led to asset bubbles, John Williams, the president of the San Francisco Federal Reserve Bank, said Monday.
Blogs
Coordination Problem | Type the Title You Want People to See
Although there are a few people who deliberately advocate a continuous upward movement of prices, the chief source of the existing inflationary bias is the general belief that deflation, the opposite of inflation, is so much more to be feared that, in order to keep on the safe side, a persistent error in the direction of inflation is preferable.
