Monday, October 20, 2014


Wall Street Journal | Federal Reserve Holds Steady Amid Market Volatility
Federal Reserve officials are taking a steady-as-she-goes stance as they prepare for their policy meeting this month, even though market volatility and uncertainties about the global economic outlook have rattled investors in recent weeks and led to some mixed messages from central bank officials.

Wall Street Journal | Is The Fed Behind The Curve or Jumping The Gun?
Earlier this year, the commentators in the U.S. who had been warning of imminent inflation ever since the Fed began its highly accommodative policies raised the alert to code orange. And for the first time since the crisis, the inflation hawks were joined in their concern by a broader range of commentators. Although inflation remained contained, the “behind the curve” genie was definitely out of the bottle.