Monday, February 9, 2015


Econ Comments & Analysis                                                                                            
Washington Post | Now’s not the time to raise interest rates
I cannot recall a moment when the gap between what markets expect the Federal Reserve to do and what the Fed itself has forecast it will do has been as large as it is now. Markets predict that the Fed will raise interest rates only to 1.6 percent by the end of 2017; the Federal Open Market Committee’s average forecast is 3.5 percent.
Market Watch | More jobs means more problems for the Fed
The longer you spend with January’s employment report — released Friday from the Bureau of Labor Statistics, or BLS — the more you will like it. But just how long that good feeling will last depends on the Federal Reserve.
Forbes | The Fed is Nervous, and Maybe That's a Good Thing
The club of U.S. central bankers appears jittery, but it’s not because of interest rates, unemployment, or mortgage-backed securities.  It’s because of Congress.

Wall Street Journal | ‘Audit the Fed’ Bill’s Prospects Unclear
An effort to expand congressional oversight of the Federal Reserve‘s interest-rate decisions is generating buzz on the presidential campaign trail and in Washington, but its prospects on Capitol Hill remain uncertain.