News
Bloomberg | Consumer Prices Increasing as U.S. Housing Stabilizes
Consumer prices rose in May by the most in more than a year, showing U.S. companies are gaining some pricing power as the economy strengthens, and the homebuilding industry stabilized after a first-quarter swoon.
Bloomberg | Fed Will Raise Rates Faster Than Investors Bet, Survey Shows
The Federal Reserve will probably raise its benchmark interest rate faster than money-market investors expect, according to a majority of economists surveyed by Bloomberg News.
Blogs
WSJ | Grand Central: Fed Taking Up Unfinished Business on Exit Strategy
The Federal Reserve has unfinished business on the agenda from its April policy meeting related to the mechanics of how it will one day unwind its easy money policies and start raising short-term interest rates. It looks like those issues will be under discussion again Tuesday when officials gather for this week’s two-day policy meeting.
Market Watch | Fed mulling exit fees on bond funds
Concerned with the possibility of a fire sale of bond funds should interest rate rise sharply, Federal Reserve officials have mulled the possibility of the need to impose exit fees on the sectors, according to a report by the Financial Times.
