Nov 03 Why Paul Krugman thinks inflation fears are baloney By Paul Krugman There's no inflation threat to speak of right now, says Paul Krugman. In fact, deflation poses a bigger danger, he argues. And even if inflation should creep over the Fed's 2 percent target, Krugman is confident the Fed has the… Continue reading
Oct 31 If high inflation is not here yet, why should the Fed change course? By Charles Calomiris The Federal Reserve shouldn't be worried about inflation rising over the next six months, or even year, says conservative economist Charles Calomiris. But given how much quantitative easing bloated the central bank's balance sheet, when inflation does rise -- and… Continue reading
Oct 30 Paul Krugman on why Janet Yellen is the un-central banker By Paul Krugman Paul Krugman may not be pleased with the Fed's decision Wednesday to end their bond buying, but he is heartened by Janet Yellen's concern for the unemployed. Continue reading
Jul 15 Watch Yellen cautions against being overly optimistic before raising interest rates By PBS News Hour Continue watching
Apr 30 Fed reduces monetary stimulus for fifth month in a row By Simone Pathe At the end of their two-day policy meeting, the Federal Reserve’s Open Market Committee decided Wednesday to reduce monthly asset purchases by $10 billion to $45 billion beginning in May. Despite disappointing growth figures out Wednesday, the committee… Continue reading
Apr 15 Higher food, rent costs boost U.S. consumer inflation By Sarah Corapi Consumer prices in the U.S. ticked upward this March, climbing more than expected as Americans paid slightly more for food and rental housing. The hike suggests improving consumer demand, and may alleviate concerns among some Federal Reserve officials… Continue reading
Jan 11 Watch Stagnant wages imperil financial security Wages in the U.S. have been largely stagnant over the past 45 years, but during the same time span consumer prices have risen dramatically. Hari Sreenivasan discusses this trend and its effect on poverty with Bloomberg BusinessWeek reporter, Roben Farzad. Continue watching
Dec 25 Watch Indian central bank chief on the wake-up call to reduce foreign money dependence Indian central bank chief on the wake-up call to reduce foreign money dependence… Continue watching
Oct 24 Watch News Wrap: European Union Nations’ Government Debt at Record High In other news Wednesday, the European Union reported that Europe's financial struggles were far from over. Overall government debt of Eurozone countries reached a record high at 90 percent of total economic output for the year. Five E.U. member countries… Continue watching
Oct 16 Watch News Wrap: Supreme Court Rules on Ohio Voting Law, Won’t Block Early Voters In other news Tuesday, the U.S. Supreme Court sided with President Obama on an Ohio voting matter -- early voting in that state will not be blocked during the three days leading up to Election Day. Also, Americans on Social… Continue watching