News
Bloomberg | Fed’s Williams Says Sees Potential QE Taper This ‘Summer’
Federal Reserve Bank of San Francisco President John Williams said policy makers may start reducing the pace of bond purchases over the next three months and potentially end quantitative easing by year-end.
Bloomberg | If Not Geithner, Who Will Replace Bernanke?
Prominent people in Washington and on Wall Street say President Barack Obama is starting to focus on what may be the most important appointment of his second term: the next chairman of the Federal Reserve.
Econ Comments & Analysis
Washington Post | Why there’s a trust deficit
Now Volcker has launched a new crusade: reversing the erosion of public trust in government. He’s creating an institute to propose practical solutions to problems faced by governments at all levels. For all my admiration of Volcker, this seems a bridge too far.
WSJ | With All Eyes on Fed, Prices Barely Rise
Inflation is slowing in the U.S. and elsewhere, despite central banks' historic easy-money programs that some have argued could push prices much higher.
Blogs
Market Watch | Feds close to picking ‘risky’ non-banks
Prudential, American International Group Inc. and GE Financial, a unit of General Electric— and possibly others — are widely expected to be designated “systemically important” by federal regulators Monday, a situation that will subject them to gradually increasing capital levels, lower leverage limits and greater liquidity.
