News
Bloomberg | Yellen Has Scant Power to Relieve U.S. Housing Slowdown
The hesitant housing recovery has surprised and concerned Federal Reserve Chair Janet Yellen and her colleagues at the central bank. It’s not clear how much they can do about it.
WSJ | Federal Reserve Lacks Official to Oversee Regulatory Efforts
The Federal Reserve has aimed a seemingly nonstop spate of rules at the nation's biggest banks as it tries to wring risk out of the U.S. financial system in the wake of the financial crisis.
Econ Comments & Analysis
Forbes | We Need A Boring Monetary Policy
Yes, monetary policy is boring. However, market panics, financial crises, recessions, unemployment, and poverty can also get boring after a while. Unfortunately, it now seems clear that new Federal Reserve Chairman Janet Yellen is determined to continue Ben Bernanke’s rules-free, improvisational, monetary chaos.
AEI | Focus on currency manipulation
Martin Feldstein, the renowned Harvard University economist, is calling on the U.S. Treasury Department to end its 20-year practice of reporting to Congress on a semi-annual basis as to whether America's main trading partners have been manipulating their exchange rates.
Blogs
WSJ | Fed Still Short of Employment, Inflation Goals, Lockhart Says
The Federal Reserve must be patient before it considers raising interest rates even after the central bank winds down its bond-buying program and as the recovery picks up steam, Atlanta Fed President Dennis Lockhart said Tuesday.
