News
National Journal | How Janet Yellen Is Looking at the Economy
Don't look for daylight between Janet Yellen and her predecessor Ben Bernanke, the new Federal Reserve Board chair said Wednesday.
CNN Money | Fed moves economic goalposts
The Federal Reserve announced Wednesday that it will continue to gradually withdraw economic stimulus, but decided to move its goalposts for raising interest rates.
Econ Comments & Analysis
Real Clear Markets | A Few Key Takeaways from the March FOMC Meeting
The Federal Open Market Committee voted to further reduce their monthly securities purchases by an additional $10 billion, beginning in April.
Fiscal Times | Here’s What Janet Yellen Really Said About Rate Hikes - See more at: http://www.thefiscaltimes.com/Articles/2014/03/19/Here-s-What-Janet-Yellen-Really-Said-About-Rate-Hikes#sthash.1Czvy4Sh.dpuf
As expected, Yellen and the rest of the Federal Open Market Committee laid out new guidance for when the central bank’s policymakers might start to raise key short-term interest rates. The FOMC statement released Wednesday specified that rates would be kept where they are “for a considerable time” after the Fed’s monthly bond-buying program ends, likely late this year. At her press conference, Yellen clarified what considerable means: “around six months.” - See more at: http://www.thefiscaltimes.com/Articles/2014/03/19/Here-s-What-Janet-Yellen-Really-Said-About-Rate-Hikes#sthash.1Czvy4Sh.dpuf
Blogs
WSJ | Majority of Fed Officials Still Expect First Interest-Rate Hike in 2015
Most Federal Reserve officials continue to project that their first increase in interest rates will come in 2015, amid modest changes in their outlook for the economy.
WSJ | Fed Statement Following March Meeting
Information received since the Federal Open Market Committee met in January indicates that growth in economic activity slowed during the winter months, in part reflecting adverse weather conditions.
