News
Washington Post | U.S. banks loosening standards for risky corporate loans, OCC says
Regulators are concerned that banks are loosening their standards for one of the riskiest forms of corporate lending, a trend that harkens back to perilous practices common in the run-up to the financial crisis.
Time | LIBOR Scandal: Yep, It’s as Bad as We Thought
Given how widely used LIBOR is to price financial instruments, homeowners are just one group that could have potentially lost money due to rate manipulation.
Bloomberg | Fed’s $4 Trillion Rescue Helps Hedge Fund as Savers Hurt
Chairman Ben S. Bernanke’s efforts to energize the U.S. economy since 2008 have been credited with rousing the housing market from a six-year funk, lowering the jobless rate and putting more money in the pockets of both mortgage lenders and borrowers.
Blogs
WSJ: Real Time Economics | Fed May Get Its Hope for More Inflation in 2013
According to the latest projections by Fed board members and regional presidents, core consumer inflation–as defined by yearly increase in the personal consumption expenditure price index excluding food and energy–is projected to run between 1.6% and 1.9% next year.
The Economist | Shrink this e-dollar
One of the fun things about the blogosphere is that occasionally a tiny debate that occured months ago will be reanimated and advanced.
