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Central Banks

This Economic War Began Long Ago

Vivian Norris | Posted 11.22.2011 | Business
Vivian Norris

It did not begin with the subprime disaster in 2007, nor the crash and burn of Lehman in 2008, nor are we able to blame any bubbles, be they dot.com or other. This Economic War began with the Asian Financial Crisis back in 1997.

'We Are Witnessing A Growth Slowdown Across OECD Countries'

Posted 11.08.2011 | Business

(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...

Gloom Settles On Central Bankers

wsj.com | JON HILSENRATH | Posted 10.28.2011 | Business

JACKSON HOLE, Wyo.--After years fighting crises and pumping money into the financial system, the world's central bankers are coming to grips with the ...

Inflation in the Middle East -- Looking at the Right Numbers

Masood Ahmed | Posted 08.06.2011 | Business
Masood Ahmed

Surging international food prices have become a major cause for concern. This is especially so in the Arab world, which is home to some of the largest food importers and where rising food prices have been one of the factors in recent political unrest.

Fed Officials Split Over Policy Changes

Reuters | Mark Felsenthal and Glenn Somerville | Posted 06.05.2011 | Business

WASHINGTON (By Mark Felsenthal and Glenn Somerville) - Some Federal Reserve officials last month believed they would have to hold to an easy monet...

Global Central Banks Face An Essential Revolution

Reuters | Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley | Posted 05.25.2011 | Business

By Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley FRANKFURT/WASHINGTON - On a warm, Lisbon day last May, Jean-Clau...

EU Bonds: Portugal Proving the Point & How You Can Profit

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

Just what is at the root of the EU's troubles? And how do last week's events with Portugal exemplify the problem?

William Alden

Yen Intervention Resolves Immediate Crisis, But Japan's Economy Still Threatened

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

The yen eased off its all-time high Friday as the world's major central banks lent their support, but Japan's economic troubles are far from over, exp...

Rewriting the Macroeconomists' Playbook in the Wake of the Crisis

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

Before the global economic crisis, mainstream macroeconomists had largely converged on a framework for the conduct of macroeconomic policy. It is now time to converge again.

What's Really Behind QE2?

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the ban...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

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, ...

Is the Next Financial Crisis Approaching? The Case of Public Debt

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

China and other foreign countries will not endlessly finance the US budget deficit; China recently sold $34 billion of American treasuries, and now holds less US debt than Japan.

Why Ben Bernanke Should Not be Confirmed, and the Fed Should Keep its Autonomy

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

One of the casualties of this crisis is the capacity of economists to read the signs and launch warning signals. While Ben Bernanke understands economics and numbers, he lacks the necessary instincts.

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?

The Annan Plan

Jaime Pozuelo-Monfort | Posted 05.25.2011 | World
Jaime Pozuelo-Monfort

A Marshall Plan for Africa would fight and stop the expansion of heartless capitalism in Subsaharan Africa and increase agricultural output beyond pre-independence levels.

Merkel Blasts "Powers" Of Central Banks

Wall Street Journal | JOELLEN PERRY | Posted 05.25.2011 | Business

German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Br...

Ryan Grim

U.S. Injecting Billions Into Foreign Central Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

For more than a year, the U.S. Federal Reserve System has been increasingly acting as the world's central bank, injecting hundreds of billions of doll...

Throwing in the Towel

David Kotok | Posted 05.25.2011 | Business
David Kotok

A communication problem is not a policy problem. When it comes to policy, the central banks are acting.

Worried Banks Horde Cash

Financial Times | Chris Giles, James Politi | Posted 05.25.2011 | Business

Central banks' efforts to ease strains in the money markets are failing to stop financial institutions from hoarding cash, stoking fears that the rece...

Dollar Rebound in 2008: A Fairy Tale?

Eben Esterhuizen | Posted 05.25.2011 | Business
Eben Esterhuizen

Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?

Fed's Loan Rescue Sparks Big Stock Rally

AP | JEANNINE AVERSA | Posted 05.25.2011 | Business

WASHINGTON — Staring at spreading financial dangers, the Federal Reserve announced a rescue package Tuesday that would pour as much as $200 bill...