News
Market Watch | Fed testing very limits of credibility: Lacker
The Federal Reserve is testing the limits of its credibility, said Jeffrey Lacker, the president of the Richmond Federal Reserve Bank, on Monday.
Real Clear Markets | At This Point There's No Way Out For the Fed
By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve's Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford.
Econ Comments & Analysis
WSJ | Bernanke's Fiscal Cliff
The term "fiscal cliff" is an awfully hyperbolic way to describe the combination of tax increases and spending cuts currently scheduled to go into effect in the new year. But to the extent that the United States finds itself in a precarious fiscal situation, Federal Reserve Chairman Ben Bernanke shares much of the blame.
Washington Post | The Fed rolls the dice
It was big news last week when the Federal Reserve announced that it wants to maintain its current low-interest rate policy until unemployment, now 7.7 percent, drops to at least 6.5 percent.
Blogs
WSJ | Fed’s Stein Defends Proposed Rules for Foreign Banks
Federal Reserve governor Jeremy Stein Monday defended the central bank’s latest proposal to change how it regulates foreign banks, saying the rules would help reduce risks to U.S. financial stability.
