Federal Reserve
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The Chairman Weighs in on Fiscal Rules
Fed Chairman Ben Bernanke made a hard-hitting speech this evening about fiscal sustainability and fiscal rules. That Bernanke made the speech at all...
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The Fed Widens the Easing Door
Today, the Fed widened the door further toward easing monetary policy (presumably in the form of additional quantitative easing). The Fed's shift...
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A Not So Happy Anniversary
Nobody's breaking out the champagne for this anniversary. On this day two years ago, the collapse of Lehman Brothers turned an already bad-looking...
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‘Line’ Items: Emmy Edition
From Red Carpet to Red Ink – The Emmy Awards last night celebrated the best in TV. In Washington, the plotlines are still being written for this fall...
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CRFB President Comments on Fiscal Policy in Jackson Hole
At the Federal Reserve meetings in Jackson Hole, CRFB President Maya MacGuineas, commented on fiscal policy and the need for a credible debt reduction...
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FOMC to the QE?
With heated public debate and growing uncertainty about the momentum of the economic recovery, all eyes turned to the scheduled meeting of the Federal...
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Waiting for the Chairman to Speak
Ben Bernanke, the Chairman of the Federal Reserve, will present his twice-yearly testimony to Congress tomorrow (the Senate) and then again on...
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MarketWatch: July 12-16
The (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...
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Hensarling Comes Close
In testimony before the House Budget Committee this week, Ben Bernanke called for a plan to be put in place now to reduce deficits once the economy...
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Bernanke Testifies Before the House Budget Committee
Chairman Bernanke's testimony today underscored the fundamental lack of sustainability of the growing federal budget deficit, while simultaneously...
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Fiscal Policy, Monetary Policy, or Something in Between?
Yesterday, Donald Marron asked the question: " How Blurry is the Line between Monetary and Fiscal Policy?" As our readers know, we have been tracking...
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The Budgetary Impacts of Fed Actions
Yesterday CBO issued a very interesting report on the budgetary impact of the Federal Reserve's actions to address the economic and financial crisis...