News
FOX Business | Fed's Fisher Wants October End to QE3; Sees No 2014 Rate Hike
Richard Fisher, one of the Federal Reserve's most ardent policy hawks, said on Tuesday he would favor ending the U.S. central bank's massive bond-buying program in October, but said he does not expect the Fed to start raising interest rates until next year.
WSJ | ECB Officials Anxious About Impact of U.S. Fines on EU Banks
European regulators, anxious about potentially massive U.S. penalties against BNP Paribas SA and other continental banks, are scrambling to determine whether they could pose a threat to the financial health of major lenders, according to regulatory and industry officials.
Econ Comments & Analysis
Real Clear Markets | 100 Years Later, What's Become Of Our Federal Reserve?
The Federal Reserve is one hundred years old, and it is celebrating its centenary by embarking on grand plans for the future. Those plans include experimental approaches to monetary and regulatory policy.
Blogs
WSJ | Stimulus Exit Needs Careful Coordination, World Bank Official Says
Unwinding central banks’ unprecedentedly large bond-buying programs is a tricky — and risky — business. For the chief financial officer of the World Bank Group, the exit from easy monetary policy is something regulators worldwide should seek to coordinate.
WSJ | Interest Rates at Zero May Link Uncertainty with Slower U.S. Growth: Dallas Fed Paper
Uncertainty about the direction of the U.S. economy has been associated in recent years with weaker growth, at least in part because the Federal Reserve has kept short-term interest rates pinned near zero, argues new research from the Dallas Fed.
