Friday, November 21, 2014


Market Watch | Fed’s Bullard says central bank ‘boxed in’ to June hike
Broad expectations the Federal Reserve will start raising short-term interest rates next summer are being driven not so much by economic considerations as they are by quirks in how the U.S. central bank conducts its policy meetings, and that’s a bad thing, a top Fed official said Thursday.
CNN Money | The Fed is worried about the stock market
The Federal Reserve is not supposed to care about the stock market. It only has two official mandates: make sure enough Americans are working and ensure prices of consumer goods stay relatively stable.

Econ Comments & Analysis                                                                                            
Market Watch | The man who called the last stock crash is already blaming the Fed for the next
This time around, Peter Schiff, the chief executive officer of Euro Pacific Capital who memorably predicted the collapse of the housing market in 2008 and the global financial crisis of 2010, is speaking out against the Federal Reserve, which, he claims, has inflated the prices of stocks and bonds with its ultraloose, unconventional monetary policies.