Federal Reserve

At Long Last, Bernanke Acts

Finally! For too long, Ben Bernanke and the Fed have been talking and acting as if our greatest risk were inflation, as if the dollar were a delicate flower and America were in danger of becoming Zimbabwe.  With new monetary stimulus and bold rhetoric to accompany it, the Fed has made it clear that our greatest risk is stagnation, that …

It’s Ben Bernanke’s Economy Now

Here’s why you should care about the Federal Reserve’s latest round of bond-buying, announced Thursday by the central bank: One man has assumed the task of  getting the flagging U.S. economy back on track. He says he’ll work for …

Is the Fed to Blame for JPMorgan’s $2 Billion Blow-Up?

The JPMorgan $2-billion-trading-loss story is nearly a week old, and the news has predictably gone through the various spin cycles of the political right and left. Initially, progressives pounced on the loss as reason to strengthen the yet-to-be-fully-implemented Dodd-Frank financial reform law. Conservatives then pushed back on that …

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