News
CNN Money | Don't trust your central bank? Bet against it.
Think you know more about the economy than central bankers? Now you can bet against them.
Market Watch | Bank of Canada leaves rates unchanged
The Bank of Canada, as expected, left its overnight rate target unchanged at 1% on Wednesday, while continuing to signal that the next policy move will likely be toward tighter monetary policy once the economic backdrop returns to normal.
Econ Comments & Analysis
Bloomberg | SEC Can Fix a Gap Between the Rich and the Rest
After a full year’s delay, the Securities and Exchange Commission recently lifted a ban on general solicitations for certain private securities offerings. Yet in doing so, the commission proposed a set of rules -- effective in late September -- that threaten to institutionalize the very ban that was supposed to be eliminated.
Real Clear Markets | Forget Tapering, and Get Ready For QE4
It is more likely, in view of the negative impact on the already weak U.S. economy arising from the higher interest rates resulting from taper talk, that the Fed will have to reverse itself (again) and start talking about "un-tapering" or QE4 at its December meeting.
Blogs
WSJ | Draghi Gets Another Chance to Push ECB’s Forward Guidance
European Central Bank President Mario Draghi has struggled to convince financial markets that the forward guidance he unveiled two months ago has teeth.