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Monetary Policy

Time for a Monetary Boost

Joseph E. Gagnon | Posted 05.25.2011 | Business
Joseph E. Gagnon

An extended period of high unemployment represents a massive waste of productive labor and untold personal suffering of unemployed workers. The Fed should be aiming to get us back on track within two years, not four.

A Marriage Made in Heaven or Hell: Monetary and Financial Stability

José Viñals | Posted 05.25.2011 | Business
José Viñals

While monetary policy frameworks fortified the castle against inflation at the front, they didn't pay much attention to back door vulnerabilities. I'm talking about financial stability.

Don't Let Financial Reform Politicize the Fed

James Bacchus | Posted 05.25.2011 | Home
James Bacchus

Members of Congress have done such a great job lately on fiscal policy. Why not put them in charge of monetary policy, too? Maintaining the ...

Bernanke Mulls Higher Interest Rates, Reeling In Stimulus

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The delicate task ahead for the Federal Reserve and other central banks is deciding when to start boosting interest rates and reeli...

Bernanke: Fed Must Be Free From Political Meddling

AP | JEANNINE AVERSA and TOMOKO A. HOSAKA | Posted 05.25.2011 | Business

TOKYO — The Federal Reserve and other central banks must protect their ability to make key economic decisions free from political interference, ...

Yin/Yang at the Federal Reserve

Jason Paez | Posted 05.25.2011 | Business
Jason Paez

Consumers need a strong, independent agency that does not have inherent conflict within its core mission statement.

Canada Offers More than Olympic Gold

Daniel Bruno Sanz | Posted 05.25.2011 | Business
Daniel Bruno Sanz

Every penny counts when times are tough and now is a good time for U.S. investors to look north for market out performance. These two charts help explain why.

Paul Volcker: Too Soon To Start Withdrawing Stimulus | Rainer Buergin and Philipp Encz | Posted 05.25.2011 | Business

March 8 (Bloomberg) -- White House adviser Paul Volcker said it's too soon for U.S. policy makers to withdraw the stimulus measures and interest-rate ...

Bizarre Bernanke

J. Bradley Jansen | Posted 05.25.2011 | Politics
J. Bradley Jansen

Bernanke does the Congress and the public a disservice by disrespecting Congress with flippant, ignorant responses. Kudos to Chairman Frank for saying we need to followup on Dr. Paul's issues.

IMF: Capital Controls Can Be A 'Legitimate' Policy Tool

BusinessWeek | Sandrine Rastello | Posted 05.25.2011 | Business

Feb. 19 (Bloomberg) -- Capital controls are a 'legitimate' tool in some cases for governments facing surges in investment that threaten to destabilize...

Bernanke Stimulus Testimony: Interest Rates Will Remain At Record Lows For An "Extended Period"

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Prepare for the end of record-low interest rates, Federal Reserve Chairman Ben Bernanke says. Just not yet. Higher rates on credit...

Bernanke's Reappointment: A Colossal Failure Of Governance

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

Have we really reached the situation where the Senate must bow down before financial markets and high-ranking executives who are really just talking their book?

Simon Johnson: Krugman For Fed Chair

Baseline Scenario | Simon Johnson | Posted 05.25.2011 | Business

Paul Krugman says that Simon’s idea that he should be chair of the Fed is “crazy.” Krugman’s point is either that he wouldn’t be confirmed o...

Colbert Takes On The Federal Reserve, Says Congress Is Trying To See 'Its Fiscal Naughty Parts' (VIDEO)

Posted 05.25.2011 | Business

Count Stephen Colbert among the opponents of calls to audit the Federal Reserve. Responding to what he calls claims that the Federal Reserve is a "se...

Next Stop: Inflation

James Berman | Posted 05.25.2011 | Business
James Berman

The market has had the biggest six month rally since the 1930s and stocks cannot go up forever. We can't time the sell-off, but we can prepare for one of its likely causes: inflation.

Alan Greenspan: Fed can do no more to cut unemployment:

Reuters | Doug Palmer | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - The Federal Reserve has done all it can do to reduce unemployment and needs to worry more about the risk of inflation from the ...

Why Sen. Dodd's Opposition to the Federal Reserve is Ill-Conceived

Georges Ugeux | Posted 05.25.2011 | Politics
Georges Ugeux

Had Senate Banking Committee's Chairman Chris Dodd's proposal been effective before the crisis, where would we be today?

Fed Survey: Economy Growing, But Companies Still Not Hiring

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — The economic recovery is spreading to more parts of the country even as a growing number of people can't find full-time jobs. The ...

Strengthening The Levees Against Unemployment And Rising Debt

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

Government must manage the federal budget in the same way that you manage your household budget. But in truth, the president must do the opposite.

Why the "Audit the Fed" Movement Is Dead Wrong

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

If the proposals of the "audit the Fed" crowd" are implemented, the U.S. economy will be crippled to the point of economic deadlock.

Fed Regional Bank Heads: Congress Threatening Central Bank's Autonomy | Scott Lanman | Posted 05.25.2011 | Business

Oct. 30 (Bloomberg) -- Federal Reserve regional bank presidents are trying to ward off congressional efforts to weaken their clout, saying the moves m...

Economists: Interest Rates Fueled Boom Housing Bubble

CBS News | Alex Sundby | Posted 05.25.2011 | Business

Of all the economic factors that possibly fueled the inflation of the housing bubble last decade, Federal Reserve Chairman Ben Bernanke has said low i...

Ryan Grim

Fed Beaten: Bill To Audit Federal Reserve Passes Key Hurdle | Ryan Grim | Posted 05.25.2011 | Politics

In an unprecedented defeat for the Federal Reserve, an amendment to audit the multi-trillion dollar institution was approved by the House Finance Comm...

Currency Imbalance Should Not Become a Distribution

John S. Chen | Posted 05.25.2011 | Business
John S. Chen

Fixing our attention on the currency issues is a distraction, and takes our eyes off the core issues that will keep our lead in our economic power. And that is not China's problem. It is America's problem.

No Good Times for Big Business -- They're Mad as Hell and Not Gonna Take It Anymore

Esther J. Cepeda | Posted 05.25.2011 | Chicago
Esther J. Cepeda

Big Business is not as interested in making big plans or big money with big ideas as they are in blaming Washington for all that ultimately ails you.