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Monetary Policy

Why Students Should Care About the Nobel Prize in Economics

Ellen Siminoff | Posted 12.19.2011 | College
Ellen Siminoff

Christopher Sims and Thomas Sargent won the Nobel Prize in Economics for research on measurement in macroeconomics. While some intellects might not follow The Dismal Science this year, this research has particular relevance for students today.

Democracy Versus Bankers at the Fed

Dean Baker | Posted 12.17.2011 | Business
Dean Baker

An overhaul of the Fed is long overdue. It should be turned into a body that directly answers to Congress just like every other regulatory agency. And the bankers must go.

Resolve and Determination: How We Get Out of This Together

Christine Lagarde | Posted 11.27.2011 | Business
Christine Lagarde

I feel strongly that the global community is beginning to respond to our shared plight. Why? Three reasons: a shared sense of urgency, a shared diagnosis of the problems, and a shared sense that the steps needed in the period ahead are now coming into focus.

Republicans Are Driving America to an Economic Crash

Brent Budowsky | Posted 11.25.2011 | Politics
Brent Budowsky

Never before in American history have leaders of any party attacked the Federal Reserve Board for trying to use monetary policy to strengthen the economy during a recession or depression. It has never happened before, not once in American history.

Konczal: Why Liberals Should Join GOP In Bashing The Fed

The New Republic | Mike Konczal | Posted 11.23.2011 | Business

It’s hard to interpret the letter that Congerssional Republicans sent on Tuesday evening to Ben Bernanke as anything other than an attempt to politi...

Paul Krugman: Obama Jobs Plan 'Bolder And Better Than I Expected'

New York Times | Paul Krugman | Posted 11.09.2011 | Business

First things first: I was favorably surprised by the new Obama jobs plan, which is significantly bolder and better than I expected. It’s not nearly ...

Fed Up? The Urge to Juice the Economy in Election Season

Donald F. Kettl | Posted 10.24.2011 | Business
Donald F. Kettl

Rick Perry's jab at Ben Bernanke might have been aimed at political motives, but it raises deeper policy puzzles. With fiscal policy off the table and monetary policy under attack, what's left?

From "Too Big to Fail" Banks to "Too Big to Default" Nations to What's Next?

Lydia Fisher | Posted 10.19.2011 | Business
Lydia Fisher

We've had financial bubbles before. This one's got a twist though. It's fraught with complexity, scope, depth, widespread fraud and bad underwriting practices making coming out of it, all the more difficult.

William Alden

Federal Reserve's Stimulus Pledge Misses The Point, Fed Official Says

HuffingtonPost.com | William Alden | Posted 10.17.2011 | Business

NEW YORK -- As the Federal Reserve attempts to stimulate the economy and avert a new recession, one of the central bank's most basic tools isn't worki...

President Obama's (Hoped For) "Amaze Speech"

Brian Czech | Posted 10.08.2011 | Politics
Brian Czech

Fellow Americans, this evening I have a special message for you. It's an unprecedented and surprising message, but ultimately it will resonate with yo...

Federal Reserve Plans For Potential U.S. Default

Posted 09.19.2011 | Business

The Federal Reserve is actively preparing for the possibility that the United States could default as a deadline for raising the government's $14....

Debt Political Theater Diverts Attention While Americans' Wealth Is Stolen

Rep. Dennis Kucinich | Posted 09.13.2011 | Politics
Rep. Dennis Kucinich

The rancorous debate over the debt belies a fundamental truth of our economy -- that it is run for the few at the expense of the many.

Recession Cost Average American $7,300, Fed Economist Says

The Huffington Post | Alexander Eichler | Posted 09.10.2011 | Business

The recession that struck the U.S. in 2007 has cost consumers about $7,300 each in lost spending, according to a San Francisco Federal Reserve economi...

Jason Linkins

Lindsay Lohan Will Let You Pay Her To Have Opinions On Monetary Policy

HuffingtonPost.com | Jason Linkins | Posted 08.29.2011 | Business

Things got a little weird this week for enthusiasts of monetary policy when Hollywood ankle monitoring bracelet model and sometime actress Lindsay Lohan got all up in the Federal Reserve's grill on Twitter.

LIVE: Bernanke Discusses New Economic Projections

The Huffington Post | James Sunshine | Posted 08.22.2011 | Business

This afternoon, Federal Reserve Chairman Ben Bernanke will be discussing the Federal Reserve's newly revised economic outlook projections. These proje...

AP Economists Poll: Government Activism Should Be Avoided

AP | By PAUL WISEMAN | Posted 08.13.2011 | Business

WASHINGTON -- The best cure for the economy now is time. That's the overwhelming opinion of leading economists in a new Associated Press survey. They...

Federal Reserve Chairman Ben Bernanke Appears Clueless as Global Economy Sinks

Sheldon Filger | Posted 08.10.2011 | Business
Sheldon Filger

Alan Greenspan, former Fed Chairman and a prime facilitator of the U.S. housing bubble, appears in retrospect a scion of fiscal prudence in comparison...

Fed Prepares For Life After Quantitative Easing

Posted 08.10.2011 | Business

NEW YORK- (Burton Frierson, Richard Leong and Chris Reese) - The flood of Federal Reserve money that has supported Wall Street and the rest of the...

William Alden

Fed's 'Hard Message': Monetary Policy Has Reached A Limit

HuffingtonPost.com | William Alden | Posted 08.08.2011 | Business

NEW YORK -- Despite troubling signs that the U.S. economic recovery is sputtering, Fed Chairman Ben Bernanke now says the Federal Reserve has no plans...

China Official: U.S. May Try 'Pushing Up Inflation At Home'

Posted 08.07.2011 | Business

BEIJING (Kevin Yao and Zhou Xin) - China should guard against risks from "excessive" holdings of U.S. assets as Washington could pursue a policy t...

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.

Oil Price Swings as a Dollar Hedge Pose a New Threat to Our Fiscal Future

David Paul | Posted 07.19.2011 | Business
David Paul

The linkage between monetary policy and oil prices raises questions for how a consistent domestic energy policy can be implemented if critical energy market price signals are distorted by linkages with monetary policy.

Gold May Glitter But Can It Deliver?

Gemma Godfrey | Posted 07.13.2011 | Business
Gemma Godfrey

The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?

William Alden

When Fed's Stimulus Ends, What Next?

HuffingtonPost.com | William Alden | Posted 06.26.2011 | Business

NEW YORK -- When Federal Reserve chairman Ben Bernanke holds his first-ever press conference on Wednesday, he will have some explaining to do. Two mon...

Which Budgets Cuts Could Hurt The Economic Recovery?

New York Times | BINYAMIN APPELBAUM | Posted 06.12.2011 | Business

WASHINGTON — The budget deal struck last week amounts to a bet by the Obama administration that the loss of $38 billion in federal spending will not...