News
Bloomberg | Europe Deflation Risk Seen by 74% in Global Investor Poll
Financial professionals are optimistic about the global economy, just not as fervent about it as they were at the start of the year. That’s the message from the latest Bloomberg Markets Global Investor Poll, which shows concern about risks ranging from the turmoil in Ukraine to the threat of deflation in Europe.
Market Watch | Fed’s reverse repos to become permanent: Lockhart
An experimental monetary policy tool that lets banks and financial firms place cash with the Federal Reserve in exchange for an overnight loan of U.S. Treasurys will likely be adopted as a more permanent means for the central bank to help control short-term interest rates, Atlanta Fed President Dennis Lockhart said on Sunday.
Econ Comments & Analysis
Real Clear Markets | It's Time to Banish the Deflation Bogeyman
A fair number of economists, including many of the top officials at the Federal Reserve, have an unnatural fear of deflation. So afraid of it are they, that they prefer the insidious tax on savers and business investors of two percent annual inflation to stable prices simply because stable prices are too close to declining ones. Yet, there is ample empirical proof that deflation is not the bogeyman it is made out to be.
Blogs
WSJ | Dallas Fed’s Fisher: Low Rates Will Stay as Long as Inflation Under 2%
Federal Reserve Bank of Dallas President Richard Fisher said Friday he supports ending the central bank’s bond-buying stimulus program this year, while adding it is very likely that very low interest rates will prevail for some time to come.
