News
Market Watch | Fed's Bullard backs possible 'tapering' of QE3
The Federal Reserve could slow down, rather than abruptly stop, its $85 billion per-month asset purchases if the economy continues to improve as the year progresses, said James Bullard, the president of the St. Louis Fed on Friday.
Econ Comments & Analysis
Mercatus | The Failure of Risk-Based Capital Regulation
Capital requirements are a primary component of US banking regulation. Since 1991, the Federal Reserve has used a “risk-based” method of capital regulation that attempts to account for the riskiness of various types of bank assets. However, evidence shows that this system has increased, rather than decreased, risk in the US banking system.
