Better — But Not Great
Government, finance and business leaders - at least those who tend to show up at conferences - are feeling better about the outlook for the global economy, according to a new survey. But that doesnt mean theyre feeling great.
A Look Inside Fed’s Balance Sheet — 10/14/09 Update
The Feds balance sheet expanded for the first time in three weeks, rising slightly to $2.174 trillion from $2.120 trillion.
Secondary Sources: Stronger Dollar, Oil Boom, Revenge of the Nerds
A roundup of economic news from around the Web.
Q&A: Scroogenomics Author on the Holidays’ ‘Orgy of Wealth Destruction’
Christmas shopping season is fast approaching and you are sure to hear many economists in the months ahead worrying this could turn out to be another dismal shopping season that holds back economic growth. Now theres a palliative from a grumpy economist who wishes everyone would spend less.
Treasury: Dollar Will Prevail As Long As U.S. Policies Are Sound
With all the noise about the weakness of the dollar and foreign investors uneasiness about future fiscal policy and inflation -- and periodic talk from China or the Middle East about abandoning the dollar in favor of some other currency or a basket of currencies -- the dollar continues to be the worlds dominant currency....
Is ECB Changing Its Tune on Core Inflation?
The European Central Bank appears to be changing its view somewhat on the merits of core inflation as a gauge of price trends.
Treasury’s Barr Draws Line in the Sand on States’ Authority Over Banks
Treasury Department assistant secretary Michael Barr drew a line in the sand over potential efforts to weaken a key part of the White Houses consumer-protection plan.
Cleveland Fed Draws Up Ways to Measure Inflation Trends
The Federal Reserve is always on the lookout for signs of inflation, but the indicators, including today's consumer-price-index release, present noisy data that can obscure the trend. The Cleveland Fed has worked up some alternatives that aim to solve that problem.
Summers: Big Finance vs. The Middle Class
Larry Summers may have been a friend to big finance in the late Clinton years and did pick up some hefty paychecks from D. E. Shaw before returning to Washington, but hes sounding, well, almost populist these days.
Politics of Job Creation at Work in New Jersey
Every politician in the land is laying claim to creating jobs in his or her kingdom. Each claims great success, but cant seem to explain why unemployment is growing.
Secondary Sources: Job Market, Consumer Protection
A roundup of economic news from around the Web.
ECB Weighs In on Problems With Car-Scrappage Schemes
Car-scrappage schemes in euro-zone countries have been of limited benefit and could have a negative impact on the economy next year and in the medium term, the European Central Bank warned Thursday.
