News
WSJ | Fed's Fisher Could Support Faster Bond Tapering
Dallas Federal Reserve President Richard Fisher said Thursday that if the pace of economic growth were to pick up in the U.S., he would be open to accelerating the Federal Reserve's reduction of bond purchases.
Econ Comments & Analysis
Real Clear Markets | The Fed Has Become a Frankenstein of Epic Proportions
In what increasingly seems like both a recurring nightmare and an unfortunate case of deliberate short-term memory, the Chinese banking system is exhibiting dysfunction that is far too reminiscent of global dollar markets in late 2007.
CNN Money | Ben Bernanke grilled on AIG bailout
Former Fed chairman Ben Bernanke was grilled on Thursday about some of his toughest days in the job.
Mercatus | How Are Small Banks Faring Under Dodd-Frank?
This paper presents the results of the Mercatus Center’s Small Bank Survey, which include responses from approximately 200 banks across 41 states with less than $10 billion in assets each, serving mostly rural and small metropolitan markets. The initial analysis suggests that Dodd-Frank significantly affects small banks and their customers.
Blogs
WSJ | 5 Things Janet Yellen Said That Distance Her From Others’ Views
The main takeaway from Federal Reserve Chairwoman Janet Yellen’s testimony before the Senate Banking Committee was that central bank policy is on cruise control until officials get a better read on the economy’s performance. The Fed will continue to gradually reduce its monthly bond purchases unless officials decide the economy has slowed substantially. A recent spate of bad weather in parts of the country make it hard to form a judgment now, Ms. Yellen said.
