3 hrs ago
The Fed's enormous balance sheet in seven charts
It's a big number, even by Washington standards. It's twice the government expenditures for all 50 states, equal to the net worth of 56 Bill Gates and could buy 6.5 billion iPhones, notes Vincent Reinhart, chief U.S. economist at Morgan Stanley.
Trending on the Topix Network
Thu Apr 17, 2014
By Barry Eichengreen Two of the world's most prominent economic institutions, the International Monetary Fund and Former US Treasury Secretary Larry Summers, recently warned that the global economy may be facing an extended period of low interest rates.
Economic and Demographic Trends Pointing to More Modest Economic Growth
Current global economic and demographic trends are pointing to more modest economic growth than what has prevailed in recent decades.
What Yellen Didn't Say - By Jamila Trindle
In her first major speech on monetary policy since taking the helm at the U.S. Federal Reserve in February, Janet Yellen said that she'll be watching the labor market and inflation and keeping an eye out for any other surprises that might derail the U.S. economic recovery as she considers how long to keep interest rates close to zero.
Wed Apr 16, 2014
Mail & Guardian
Eurozone stimulus may boost rand
If stimulus measures move over to the eurozone, it could spell a slight respite for South Africa's beleaguered currency.
Yellen: Fed stimulus still needed
Federal Reserve Chairwoman Janet Yellen, center, speaks during a luncheon at the Economic Club of New York on Wednesday, April 16, 2014.
Doug Casey's Coming Super-Bubble
In many of my conversations with legendary speculator Doug Casey since the crash of 2008, Doug has talked about a coming super-bubble.
New Fed Chief, New Unemployment Approach
With Janet Yellen's greater emphasis on slack in the labor market, part-time grocery worker Vicki Lira is the new face of Fed policy.
Tue Apr 15, 2014
Talking to Bill, schmoozing with Ben
Last year, when we had attended his talk with Bill Clinton, we recall congratulating our friend, the banker Uday Kotak, not only on his hitherto unknown moderating skills, but also on the excellent execution of the evening.
Wall Street Journal
Rebuttal for Rajan: Bernanke Defends U.S. Policy in Visit to Mumbai
Less than a week since Reserve Bank of India Governor Raghuram Rajan criticized U.S. monetary policy in a visit to Washington D.C., former U.S. Federal Reserve chairman Ben Bernanke, landed in Mumbai with a rebuttal.
The Hartford Courant
Fed should beef up low-rate vows, two officials say
The U.S. Federal Reserve ought not to raise interest rates until the economy is much closer to full strength, two of the Fed's most dovish policymakers said on Tuesday.
The Washington Post
3 big things to look for in Yellena s first monetary policy speech
But that will likely change on Wednesday, when Yellen is slated to address the Economic Club of New York.
Mortgage News Daily
Consumer Default Rates Drop to Eight-Year Low, S&P/Experian Says - Bloomberg
Bottom Right Default State Name: State Name underscore: State Name dash: State Name lower underscore: State Name lower dash: State Name lower: State Abbreviation: State Abbreviation Lower: It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking news.
President Obama will nominate Janet L. Yellen to be the next head of the Federal Reserve, the White House said Tuesday.
The Bennington Banner
An overlooked opportunity in the education debate
There has been a lot of attention lately to rising education costs and how we fund education in Vermont.
Mon Apr 14, 2014
Pulitzer-Prize winning author speaks about energy, global politics
"So many of the big questions around the world, and you realize that energy figures in them, whether it's Ukraine, whether it's the future of the Middle East, whether it's US-Chinese relations in the Pacific," said energy expert Daniel Yergin in an interview with The Brown and White.
National Public Radio
Geithner Book Tour To Include Bernanke, Paulson
Former Treasury Secretary Timothy F. Geithner won't be the only famous person on stage for his upcoming book tour.
Sun Apr 13, 2014
DIARY - Emerging Markets Economic Events to April 25
Former U.S. Federal Reserve chairman Ben Bernanke visits India. WARSAW - National Bank of Poland holds Monetary Policy Council meeting .
Wall Street sell-off makes stocks more affordable
L ooking for answers to the recent sell-off, Wall Street 's spin machine can't be truthful about how hedge and private equity funds make hay.
Sat Apr 12, 2014
G-20 Central Banks Vow Better Guidance on Policy Shifts
International central bankers pledged to take care in telegraphing monetary-policy shifts and consider their global effects amid renewed calls from emerging markets for greater cooperation.