Econ Comments & Analysis
Market Watch | Fed's Pianalto wants more open regulatory process
Greater transparency will help the Federal Reserve ensure financial stability, said Cleveland Fed President Sandra Pianalto on Friday. "I believe that providing enhanced information about financial firms and clearer expectations for the future actions of financial regulators can...make our financial stability policies more effective,"
WSJ | Fed Policy Is a Drag on Recovery
Former Federal Reserve Chairman Paul Volcker said in a speech to the Economic Club of New York on Wednesday that the Fed should not be asked to "accommodate misguided fiscal policies" and "will inevitably fall short." He outlined a preferred monetary policy based on orthodox central banking aimed at a stable currency in order to maximize employment. "Credibility is an enormous asset," he said. "Once earned, it must not be frittered away." Those words are true and timely.
Blogs
WSJ | Fed Not Constrained Amid Tame Inflation
Inflation is getting tamer, a development that will surely fuel the debate over the Federal Reserve‘s bond-buying.
