News
Bloomberg | Rising Bond Yields Show Bernanke QE Converges With Growth
Since Federal Reserve Chairman Ben S. Bernanke in September began a third round of asset purchases aimed at lowering interest rates and spurring growth, bond yields have climbed. The trend may signal that his program is working.
Blogs
Economist | How should central banks think about the financial system?
Most of what we call money is actually short-term debt created by private financial firms, like bank deposits, rather than anything directly controlled by the government through monetary policy, like currency.
WSJ | What to Expect From Fed
The Federal Reserve wraps up its first meeting of the year today, and the 2:15 p.m. statement is expected to change little from the last time policymakers gathered.
Economist | Say when
The Federal Open Market Committee will be meeting today and tomorrow and is expected to announce a continuation of the open-ended purchases of Treasuries and mortgage-backed securities begun last year.
