News
Bloomberg | Central Banks Spewing Cash Need to Plan Exit Timing, Rohde Says
Central bankers across the globe need to plan for monetary tightening to avoid feeding asset bubbles, Danish central bank Governor Lars Rohde said.
Econ Comments & Analysis
Washington Post | The Federal Reserve’s not-so-golden rule
A display case in the lobby of the Federal Reserve Bank here might express humility. The case holds a 99.9 percent pure gold bar weighing 401.75 troy ounces. Minted in 1952, when the price of gold was $35 an ounce, the bar was worth about $14,000.
WSJ | Debunking the Myths About Central Banks
Myths govern modern central banking. Like many myths, they contain an element of truth that has been distorted by exaggeration and misapplication. This year marks the 100th anniversary of the U.S. Federal Reserve System—an appropriate time for some long-overdue myth-busting.
