News
CNN Money | Will the Fed send mortgage rates higher?
Housing market experts are keeping a close eye on the Federal Reserve as they anxiously await word on whether the agency will start pulling back on its controversial stimulus program, known as quantitative easing.
Econ Comments & Analysis
LA Times | Forget too big to fail: Some banks now too small to succeed
Small banks are finding it increasingly tough to survive, in part because of the cost of complying with regulations stemming from the financial crisis.
Fox Business | Taper Wednesday? Fed Decision on Tap
The Federal Reserve is widely expected today to announce the beginning of the end of its easy-money policies, likely scaling back a bit its monthly bond purchases known as quantitative easing.
CNN Money | The trillion-dollar lesson we'd rather not learn again
It's up to the government to put in place reasonable brakes to change the way mega-banks operate. So far, regulators haven't proven they are up to the task.
Real Clear Markets | At Long Last, The Chained CPI's Time Has Come
Moving to the chained CPI is not the perfect textbook way to change the annual tax and benefit adjustments - a different approach would probably be chosen in the ivory tower. But, if we're looking for practical steps to chip away at the long-run fiscal gap, the chained CPI is a good place to start.
Cato Institute | Four Reasons Not To Worry About The Fed’s Taper
Worries about the taper are hugely overblown for at least four reasons:
Blogs
Economist: Free Exchange | Stagnation for everyone
Since the late 1990s, however, incomes across the income spectrum have stagnated and declined, from the 10th percentile right on up to the 95th.
Market Watch | What’s quantitative easing? Most Americans haven’t a clue
A Reuters poll of 857 adult Americans, taken between Sept. 12 and Sept. 16, found that only 27% percent could pick out the correct definition of QE from five possible answers.
WSJ: Real Economics | What to Expect From the Fed Today
Fed officials are likely to emphasize they’re moving slowly and carefully even if they do decide to start pulling back on their signature bond-buying program, and will also seek to reassure investors that short-term interest rates will stay low well into the future.
