News
Bloomberg | Fed Seen Slowing Stimulus With QE Cut by End of This Year
Chairman Ben S. Bernanke will probably reduce the Federal Reserve’s monthly bond buying in the fourth quarter to $50 billion from $85 billion as he begins to unwind record stimulus, economists said in a Bloomberg survey.
Econ Comments & Analysis
AEI | Central banks’ unorthodox policies explain low rates
Sir, In trying to explain the differences between UK and Spanish long-term government borrowing rates, Martin Wolf advances a number of plausible explanations ("What a floating rate gives and what it does not", April 26).
Blogs
WSJ | Looking for Inflation? It Vanished
Pick through the ruins of the April Chicago PMI, an economic gauge that polls purchasing managers, and one phrase stands out: “inflation nearly vanished”.
Library of Economics | The Hulk's Handshakes and Optimal Monetary Policy
The world's a complex place and we don't know a lot about how it works. To make matters worse, it's not just that we're ignorant about the world, we're ignorant about ourselves: We rarely know our own strength. Given our ignorance, how should we interact with the world around us?
