News
Bloomberg | U.S. Producer Prices Rose in 2013 by Least in Five Years
Wholesale prices in the U.S. climbed in December for the first time in three months to cap the smallest annual increase in five years, showing companies face little pressure to charge more.
Econ Comments & Analysis
Daily Beast | The Insanely Profitable Federal Reserve
The Fed, like Newt Gingrich, was hatched in secret one hundred years ago, on a small island off the coast of Georgia. It was created to bring order to a chaotic banking system in the wake of a string of financial crises around the turn of the century. What's gotten the mainstream media buzzing about the bank of late is the fact that, for the first time in it's century-long history, a woman will be running the show. As many have pointed out, incoming chairperson Janet Yellen may in fact become the most powerful woman in the world upon her ascension on February 1st.
Blogs
WSJ | Fed’s Fisher: Glad Fed Tapered, but First Cut Should Have Been Bigger
Federal Reserve Bank of Dallas President Richard Fisher said Tuesday that while he’s glad the central bank has begun to wind down its bond-buying stimulus program, he would have preferred a more aggressive start to the effort, in remarks that also suggested unease with current levels in the stock market.
