Jan 22 Will Super Mario save Europe's bacon? By Simone Pathe European Central Bank President Mario Draghi on Thursday announced an unprecedented plan to purchase 60 billion euros a month in the EU's first stab at quantitative easing. Making Sen$e breaks down how bond purchases work and turns to the Council… Continue reading
Jan 09 We're adding jobs like it's 1999, but American workers just can't get a raise By Simone Pathe The final unemployment report of 2014, released Friday morning, ended a solid year of payroll gains. But despite December's additional 252,000 jobs and the lowest unemployment rate since 2008, wages aren't rising. In fact, average hourly earnings fell in December,… Continue reading
Dec 16 Watch 6:29 Does economic turbulence hurt Putin's power? - Part 2 By PBS News Hour Continue watching
Dec 16 Watch 2:12 Sanctions, cheap oil take toll on Russia's struggling currency - Part 1 By PBS News Hour Continue watching
Nov 06 From Alan Greenspan to Justin Wolfers, economists consider the Fed's 'Dual Mandate' By Simone Pathe On the eve of the release of October's employment data, which will paint the first official portrait of the labor market since the Federal Reserve ended quantitative easing last week, Making Sen$e turns to top economists, many of them former… Continue reading
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