News
Washington Times | IMF’s chief endorses Fed move to keep stimulus in place
International Monetary Fund chief Christine Lagarde on Thursday praised the Federal Reserve’s decision this week not to tap the brakes on its bond-buying program to stimulate the U.S. economy, saying it was still too soon to start the widely expected “tapering” operation on the Fed program.
Econ Comments & Analysis
Market Watch | Bullard: No rush to taper with inflation low
The Federal Reserve can "afford to be patient" as it weighs when to slow asset purchases because inflation is low, St. Louis Federal Reserve President James Bullard said Friday on Bloomberg Television.
Fortune | Behind the Fed's major stimulus blunder
By not tapering its bond purchases, the Fed risks exposing the U.S. economy to a number of ailments, which could ultimately lead to years of financial misery.
Washington Times | Five years of financial failure
Federal Reserve Board Chairman Ben S. Bernanke sent President Obama a report card this week, giving him another failing grade on the economy.
Mercatus | The Fed Needs to Taper QE to Avoid Long-Term Risks
The Federal Reserve Board today is expected to announce plans to begin tapering its latest round of quantitative easing (QE). The possibility of tapering the QE program has at times created volatility in the stock market, and supporters of the monetary stimulus have argued that QE has not increased inflation.
Blogs
Economist | Missing the forest for the QEs
Before the Fed's statement on Wednesday markets appeared to believe that some reduction in the pace of asset purchases was in order, mostly likely of around $10 billion. As it turned out the Fed was not ready to start "tapering", and some reckon that reductions may not come until December or January.
