News
Bloomberg | EU Puts Banking-Union Credibility on Line in Talks
The credibility of Europe’s efforts to restore confidence in its financial system hangs in the balance as lawmakers try to broker a deal on a bank-failure authority for the 18-nation euro area.
WSJ | Sluggish Inflation Poses Risk to Euro-Zone Economy
Annual euro-zone inflation weakened further below the European Central Bank's target in December, rekindling fears that too little inflation or outright consumer-price declines may threaten the currency area's fragile economy.
CNBC | Why inflation threat could lead to a 'panic taper'
With growth indicators improving and the Federal Reserve about to ease back on its monthly stimulus program, market talk is intensifying that inflation will arrive in earnest in 2014.
Econ Comments & Analysis
CRS | Monetary Policy and the Federal Reserve: Current Policy and Conditions
The Federal Reserve (the Fed) defines monetary policy as its actions to influence the availability and cost of money and credit. Because the expectations of market participants play an important role in determining prices and economic growth, monetary policy can also be defined to include the directives, policies, statements, and actions of the Fed that influence future perceptions.
Blogs
WSJ | Fed’s Williams: Fed Likely to Taper More, End Bond-Buying This Year
Federal Reserve Bank of San Francisco President John Williams said Tuesday he fully supported the central bank’s recent decision to pull back on its easy-money policies last month, and added that he expects to see the Fed’s bond-buying purchases end at some point this year.
