News
WSJ | Fed Releases Transcripts of 2008 Crisis-Era Meetings
"The Federal Reserve on Friday released transcripts of 14 scheduled and emergency policy meetings it held in 2008, providing the most complete view yet into developments inside the nation's central bank as the financial crisis worsened and threatened to plunge the U.S. into another Great Depression."
Blogs
WSJ: Real Time Economics | Federal Reserve 2008: A Timeline of Fed Actions and Financial Crisis Events
The year 2008 marked the worst of the financial crisis, a time when the Federal Reserve struggled to prevent the financial system from collapsing and triggering another depression.
WSJ: Real Time Economics | U.S. Inflation Is a Window into a Global Growth Risk
The U.S. seems to be in a new part of the inflation cycle. U.S. services inflation is stabilizing at a lower level than it was in the 1990s and 2000s. It is long past falling. Goods inflation, on the other hand, is in a new down cycle.