News
Market Watch | Inflation is evident to everyone but the government
Recently, the complaint du jour among policy makers such as those at the Federal Reserve is that inflation is too low. To hear some of them, we are very close to following in Japan’s footsteps of the past 20 years, or the path of the U.S. itself during the 1930s.
Market Watch | U.S. import prices drop 0.4% in April
The prices paid for imported goods fell a seasonally adjusted 0.4% in April after a revised 0.4% gain in March, the U.S. Labor Department said Tuesday.
Econ Comments & Analysis
Real Clear Markets | Janet Yellen's Meddling Is Robbing Us of a Recovery
The statutory language enabling the Federal Reserve system and the Federal Reserve Board is found in 12 U.S.C. Chapter 3. The language is tedious but not surprising. For example, the phrases "household formation" and the word "household" are not to be found.
Bloomberg | Lockhart Says Fed Weighs Role of Funds Rate Amid Stimulus Exit
Federal Reserve Bank of Atlanta President Dennis Lockhart said the U.S. central bank is weighing the future role of its main interest rate as it unwinds an unprecedented stimulus program amid economic growth.
Fortune | Bond markets are finally taking the Fed at its word
After months trying to convince markets that tapering doesn't spell the end of the Fed's support of the economy, markets are getting the message.
