Econ Comments & Analysis
Market Watch | Fed's Rosengren criticizes SEC money-market rule
The agency should drop one of its proposals that would allow money market funds experiencing a surge of redemptions to impose fees on investors who seek to pull their capital out or allow the funds directors to temporarily block investor redemptions, he said.
"Bloomberg |
Where Is the Panic Over Deflation?"
The Bureau of Economic Analysis has revised its estimates for the personal consumption expenditures price index. It's an important number, because this is the index the Federal Reserve targets. And remember, it's aiming for inflation of 2 percent.
RCM | Orthodox Fed Approach to 'Deflation' Authors Our Woes
The idea and concept of inflation is relatively straightforward, but in practice it is an unmitigated mess.
Blogs
WSJ: Real Time Economics | Inflation Remains Far From Fed Target
Inflation in August remained far away from the Federal Reserve’s target, a factor that could make central bankers even more hesitant to pare back their support for the economy.
The Economist | Debt and demand
If you create higher inflation you don't need low real interest rates to solve the demand problem; it's already solved!
WSJ: Real Time Economics | Fed’s Evans Suggests Tapering Could Start Later Than October
Federal Reserve Bank of Chicago President Charles Evans said Friday that the U.S. central bank could start reducing its $85 billion-a-month bond-buying program at its October policy meeting, but it could happen later than that.
