News
Bloomberg | Euro-Area Consumer Prices Rise More Than Estimated on Food
Euro-area consumer prices increased more than economists estimated in December as higher prices for food and services offset slower growth in energy costs.
CNBC | End of Stimulus? Why It Isn't All Bad News
The Federal Reserve's minutes on Thursday hinted at an earlier-than-expected end to its unprecedented bond buying program, triggering a sell-off in equities as investors worried about an end to historically low interest rates. The upside? Analysts say this is the Fed's way of weaning markets off the drug of quantitative easing and reflects the central bank's confidence in the U.S. economy.
WSJ | Fed Divided Over Bond Buys
A new fault line has opened up at the Federal Reserve over how long to continue bond-buying programs aimed at spurring stronger economic growth.
Econ Comments & Analysis
NBER | The Federal Reserve, Emerging Markets, and Capital Controls: A High Frequency Empirical Investigation
In this paper I use weekly data from seven emerging nations – four in Latin America and three in Asia – to investigate the extent to which changes in Fed policy interest rates have been transmitted into domestic short term interest rates during the 2000s.
Market Watch | Fed sees bond buying ending this year
There was a general sense among Federal Reserve officials that their bond-buying program would last, at most, until the end of the year, according to the minutes from their meeting last month that were released on Thursday.
Forbes | The 1870-1914 Gold Standard: The Most Perfect One Ever Created
The most perfect monetary system humans have yet created was the world gold standard system of the late 19th century, roughly 1870-1914. We don’t have to hypothesize too much about what a new world gold standard system could look like. We can just look at what has already been done.
