News
Bloomberg | EU’s Barnier Seeking U.S. Swaps Deal Before December
The European Union’s top financial-services official said he’s seeking a deal with U.S. regulators on rules for swaps clearinghouses before a Dec. 15 deadline for EU banks to face tougher capital rules.
Market Watch | U.S. import price index down 0.9% in August
The prices paid for goods imported into the U.S. declined by 0.9% in August, the biggest drop since last November, led lower by fuel prices, the Labor Department reported Friday.
Wall Street Journal | ECB's Draghi Sees Ways to Expand Stimulus
The European Central Bank's program to buy asset-backed securities would be more effective if it were expanded to riskier, or mezzanine, tranches of ABS, ECB President Mario Draghi said Friday, adding that such an expansion would require guarantees from national governments.
Econ Comments & Analysis
Real Clear Markets | We're Living In An Age of Convolutions
When historians look back on this specific period of time searching for a unifying moniker to create a justifiable shorthand and generalization it will more likely than not become known as an age of convolutions.
Blogs
Wall Street Journal | Fewer Economists See Fed Rate Hikes Starting Before Next Summer
Fewer economists expect the Federal Reserve will begin raising interest rates early next year, according to a survey by The Wall Street Journal in recent days, after the Labor Department released a disappointing August employment report.