Econ Comments & Analysis
WSJ | In Going Long, the Fed Is Short-Sighted
Stock and bond traders spent most of last year in a state of high anxiety over what would happen when the Federal Reserve began "tapering" its monthly $85 billion purchases of Treasurys and mortgage-backed securities. But when the tapering was actually announced in December, the Dow Jones Industrial Average rose sharply, apparently out of relief from all the suspense. Today, after various fluctuations including last week's swoon, the Dow is pretty much where it was back then.
WSJ | Fed Official More Worried About Deflation Than Inflation
Despite gradual economic recovery, inflation doesn't appear to be a pressing concern now, or in the near future, said a Federal Reserve official Tuesday.
Blogs
WSJ | Fed’s Lockhart Sees First Rate Hike in Second Half of 2015
The Federal Reserve will likely not begin raising interest rates until the second half of 2015 as it waits for confirmation that its forecasts for stronger U.S. economic growth bear out, Atlanta Fed President Dennis Lockhart said.
