News
WSJ | Fed Dials Back Bond Buying, Keeps a Wary Eye on Growth
Ben Bernanke gave the U.S. economy a nod of approval just a month before he leaves the Federal Reserve, moving the central bank to begin winding down a bond-buying program meant to boost growth with the recovery on firmer footing.
Econ Comments & Analysis
Washington Post | The Fed’s case for tapering is a good sign for the economy
It's not always wise to judge economic events by Wall Street’s reaction. But there was a rational basis for the markets’ ecstatic response to Federal Reserve Chairman Ben S. Bernanke’s announcement Wednesday of a “taper” in central-bank asset purchases .
FOX Business | How the Fed's Taper Announcement Could Impact Your Finances
The Federal Reserve’s $10 billion taper announcement isn’t a significant cut in the central bank’s massive bond-purchasing plan, but experts say consumers could feel the impact.
Fortune | Why stocks soared on the taper
For more than a year, investors have been bracing for the beginning of the end of the Fed's stimulus program. So on Wednesday when the Fed finally announced it would pull back a little, how far did stocks fall?
Blogs
Library of Economics | Higher Is Not Down
Low inflation may present a conundrum, but "downward pressure on prices" doesn't present a conundrum because prices are rising. That's what inflation means. Sure, some prices have fallen, but others have risen more than enough to offset those falling prices.
Economist | QE, finitely
Just a few months ago it appeared Ben Bernanke would finish his eight-year term as chairman of the Federal Reserve without knowing whether his boldest and most controversial attempt to revive the economy was going to work.
