I’m having trouble thinking of something to say about Fed chairman Ben Bernanke deciding to stay the course that I …
monetary policy
Republicans Are Right to Pressure the Fed, Even If What They Want Is Wrong
Monetary policy is dull, so the Republican Party’s bizarre advocacy of job-killing tight-money policies during a jobs crisis hasn’t gotten much attention. But political food fights are exciting, so today’s letter from GOP leaders pressuring Federal Reserve chairman Ben Bernanke not to approve more monetary stimulus is likely to get a lot …
The Fed Is Debating Whether to Give the Economy Another Jolt: Does Obama Care?
The most important news to emerge from the Federal Reserve’s June meeting and Chairman Ben Bernanke’s Wednesday testimony before Congress is that the central bank is open to taking further action to juice the economy if the recovery remains stalled, and that the Federal Open Market Committee is divided on what to do. Another round of …
If the Fed Can’t Save Us, Then Who Can?
Fed-watchers may recall that in my last post, I courageously risked my membership in the Ben Bernanke Fan Club by asking the chairman why he had failed to juice the economy enough to avoid sky-high unemployment. The boring …
Chairman End the Fed
It’s official: Ron Paul, libertarian standard bearer, will chair the House Financial Services subcommittee on monetary policy that oversees the Federal Reserve. It’s a big step for the Texas congressman who’s spent much of his career leveling harsh criticism at the central banking system and, in its own way, a sign of the times. …
