News
Bloomberg | Yellen Spending Mix Lacks Ingredient of Higher Pay
Janet Yellen and her Federal Reserve colleagues are finally succeeding in their efforts to generate higher inflation. Now they must do the same for wages to prevent U.S. households from getting squeezed.
FOX Business | Walking a Tightrope: How Deutsche Thinks the Fed Will Exit Ultra-Loose Policies
Torsten Slok, chief international economist at Deutsche Bank Securities, crafted a chart that examines how the Federal Reserve could exit its ultra-accommodative monetary policy.
Econ Comments & Analysis
WSJ | The Fed Needs to Return to Monetary Rules
As the Federal Reserve's large-scale bond purchases wind down, financial markets and policy makers now are focused on when the Fed will move to increase interest rates. There is a more fundamental question that needs to be answered: Will the central bank continue its highly interventionist and discretionary monetary policies, or will it move to a more rules-based approach?
Market Watch | Bullard: Markets think Fed is more dovish than it is
Financial markets think the Federal Reserve is more dovish than it actually is, said St. Louis Federal Reserve president James Bullard on Thursday.
Blogs
Market Watch | ‘Dreaded conflict’ for the Fed: slower growth and faster inflation
The numbers coming out of the Commerce Department on Thursday morning weren’t on their face alarming for the Federal Reserve, but they certainly didn’t make lives any easier — inflation is heating up while consumer spending seems lackluster. The PCE measure of inflation rose to 1.8% year-on-year — getting closer to the central bank’s 2% target — while consumer spending rose just 0.2% on the month to take the year-on-year move to 3.7%.
WSJ | Fed’s Lacker: Rates Could Rise Even If Economic Growth Remains Subdued
The Federal Reserve is likely to begin raising interest rates next year even if the U.S. economy doesn’t experience a substantial acceleration in growth, Federal Reserve Bank of Richmond President Jeffrey Lacker said Thursday.
