News
CNN Money | Gas, groceries and clothing cheaper in March
The price for a broad basket of consumer goods fell 0.2% in March, according to the Labor Department's Consumer Price Index. Compared to a year earlier, prices are up only 1.5%, a level of inflation that's considered benign.
Bloomberg | Draghi’s Pledge Means More to Euro Than Lower Rates
Mario Draghi’s pledge to safeguard the euro is proving a more powerful elixir for traders than the potential for lower interest rates as the region struggles to exit its second recession in four years.
Econ Comments & Analysis
Fortune | Why gold is falling even as global economic fears intensify
As gold plunges to new two-year lows, a paradox has emerged: The decline reflects better news in the U.S. economy, but it also suggests bad news in other parts of the world as bullion loses its luster as a safe-haven investment.
Market Watch | Fed's Plosser wants to start towards QE exit
The Federal Reserve should take two steps right away to prepare for the eventual exit from its ultra-loose monetary policy, Philadelphia Fed Bank President Charles Plosser said Tuesday.
