News
USA Today | Will 2013 be Ben Bernanke's last year at Fed?
Ben Bernanke is turning up the heat on speculation he will leave the Federal Reserve when his second four-year term as chairman ends in January.
CNBC | Fed Still Owes Congress a Blueprint on Its Emergency Lending
After the Federal Reserve lent more than $1 trillion to big banks during the 2008 financial crisis, Congress required the central bank to devise specific ways of protecting taxpayers when doling out emergency loans to financial institutions.
Econ Comments & Analysis
NBER | Banks Exposure to Interest Rate Risk and The Transmission of Monetary Policy
We show empirically that banks' exposure to interest rate risk, or income gap, plays a crucial role in monetary policy transmission.
Bloomberg | Bernanke Warned by Barnier That Bank Unit Rules Risk Retaliation
The European Union intensified its campaign against U.S. Federal Reserve proposals to toughen oversight of bank units belonging to overseas lenders, warning of “potential retaliation” against the plans because they will drive up costs.
