News
Bloomberg | Bank of Japan Sees Inflation Nearing Target in 2015: Economy
The Bank of Japan maintained its unprecedented plan to boost money supply at a policy meeting today, and predicted inflation will almost match its target in two years even after a report highlighted deflation’s grip.
CNBC | More Money Printing? Here's How It Could Happen
While talk around Federal Reserve policy has focused on tapering off its easing measures, a weakening economy likely will keep the central bank in the game and could even lead to more aggressive measures.
Blogs
Library of Economics | In the Land of Interest on Reserves the Interest Rate is an Instrument
Since 2008 U.S. banks have been able to earn interest on their reserves: This pins down a minimum interest rate that banks can earn: They never lend for less than that amount. For decades longer, U.S. banks have been able to borrow funds from the Federal Reserve's discount window: This pins down a maximum interest rate at which banks will borrow (plus or minus some details).
