Friday, November 14, 2014


Wall Street Journal | No Opening in Jobs Data for Higher Rates
There is no doubt the labor market is getting tighter. But it has yet to tighten to the point wages start picking up. For the Federal Reserve, that is a problem.

Wall Street Journal | Fed’s Bullard: Job Market Gains No Longer Justify Current Fed Policy
Federal Reserve Bank of St. Louis President James Bullard said low inflation in the U.S. economy is no longer enough to justify the current rock bottom setting for short-term interest rates.
Wall Street Journal | Former Fed Chief at Odds With How Central Bank Now Makes Policy
Paul Volcker, the man who broke the back of inflation in the opening years of the 1980s, is a man at odds with what Federal Reserve policy making has become.