News
Bloomberg | Bernanke to Weigh QE Costs as Fed Assets Approach Record
Federal Reserve Chairman Ben S. Bernanke indicated that the central bank is weighing the potential costs from its $85 billion in monthly purchases of bonds while saying the unorthodox easing bolsters the economy.
CNN Money | Federal Reserve official wants more stimulus
One member of the Federal Reserve wants the central bank to stimulate the economy even more.
Market Watch | U.S. producer prices decline 0.2% in December
U.S. producer prices fell a seasonally adjusted 0.2% in December, led by lower food prices, the U.S. Department of Labor reported Tuesday.
FOX Business | Bernanke: Raise the Debt Ceiling
Federal Reserve Chairman Ben Bernanke on Monday urged U.S. lawmakers to lift the country's borrowing limit to avoid a potentially disastrous debt default, warning that the economy was still at risk from political gridlock over the deficit.
Blogs
Coordination Problem | Market Monetarism and the Monetary Constitution
An important post from Lars Christensen at The Market Monetarist this morning. Lars argues that many folks have misunderstood the argument for monetary easing in order to target NGDP growth by framing it in terms of discretionary policy.
