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uneasymoney.com
| | www.frbsf.org
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| | The Federal Reserve has evolved since the "Great Inflation" of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23.
| | www.freep.com
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| | The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.
| | croakingcassandra.com
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| | Former chairman of the Federal Reserve Board of Governors (and FOMC) Ben Bernanke was yesterday the first of two keynote speakers at the Reserve Bank's conference to mark 35 years of inflation targeting, which first became a formalised thing here in New Zealand. He indicated that he'd be speaking about inflation targeting in general and...
| | www.chrisritchie.org
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| A bank meme, Dodd-Frank, Glass-Steagall, and a lot of fingerpointing.