News
FOX Business | Fed Will Diagnose How Well Economy is Recovering
The Federal Reserve's policymaking group is likely to continue wrangling over the pace of tapering during its meeting this week, say economists and others who watch the goings-on of the central bank of the United States.
CNN Money | China loosens grip on its currency
China's central bank has further loosened its hold on the yuan, making a big move that gives teeth to a government pledge to move toward a more market-driven economy.
Bloomberg | Inflation in U.S. Shows Little Momentum as Fed Meets
The cost of living in the U.S. was little changed in February, showing inflation remains well below the Federal Reserve’s goal as policy makers meet to decide on the path of interest rates.
Econ Comments & Analysis
Bloomberg | Fed Seen Adopting Qualitative Guidance as Job Market Gains
The Federal Reserve will probably discard its 6.5 percent jobless rate threshold while adopting qualitative guidance for signaling when it will consider raising the benchmark interest rate, economists said in a survey.
Forbes | Unemployment Will Remain High So Long As The Dollar Remains Wiggly
The Republican National Committee recently passed a resolution, by the unanimous vote of its National Committeepeople, calling for the creation of a national Monetary Commission. This legislation is prime sponsored in the House of Representatives by Joint Economic Committee Chairman Kevin Brady (R-Tx) and in the US Senate by Republican whip John Cornyn (R-Tx).
Fortune | On eve of stress tests, Fed asks banks for more info
Regulators have grown increasingly concerned about banks' interest rate risk.