CRFB today is hosting a timely and unique policy forum on "The Human Side of the Fiscal Crisis." The event kicks off at 9 am and features a stellar lineup of participants from a wide array of backgrounds and perspectives.
Markets so far this week have reacted to mixed news on the growth front in the US plus new concerns on inflation. As things start to wind up for the weekend, traders are also nervously watching news from various parts of the world.
While this week’s government bond auctions ($72 billion worth) were digested more easily than expected, yields for the benchmark 10-year bond and 30-year bond rose slightly and were at their highest points since last May.
Markets in the U.S. and elsewhere have focused on signs that the U.S. economy continues to recover, although still at a very gradual pace. January’s payroll employment data and updated benchmarking for 2010 indicate that job creation remains very sluggish, even adjusting for possible weather-related effects which may have held down jobs numbers.
Game On – The Super Bowl in Texas won’t be until Sunday, but Washington had its own big game last week as President Obama gave his State of the Union address.
Last night in his State of the Union address, President Obama hailed a new era of bipartisan cooperation, focusing on America's competitiveness to "win the future." He focused on the need to invest in innovation, education, infrastructure, as well as getting out from under our "mountain of debt." We released a statement last night giving our initial reaction to his proposals.
The International Monetary Fund (IMF) released its World Economic Outlook update today, on the eve of two big moments for U.S.
What Will He Say? – On Tuesday President Obama will avail himself of one of the most effective tools a President has to shape the Washington agenda and the political narrative – the annual State of the Union address.