As Fed Eases Loan Aid, Policy Challenges Arise
New York Times - 7 hours 16 min ago
The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy.

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Wall Street Journal - Fed Debates Next Signal - 10 hours 33 min ago

Long before the Federal Reserve raises short-term interest rates in the face of an improving economy, it will need to signal to the public that a change is in the works. Fed officials are intensifying discussions about how to send that sign when the time comes.

BusinessWeek - Fed’s Evans Says Low Rates Needed for ‘Some Time’ (Update2) - 18 hours 22 min ago

Federal Reserve Bank of Chicago President Charles Evans said low interest rates are likely to be needed “for some time” as high unemployment lingers and inflation stays below his goal.

Reuters - Fed's Evans says labor market weakness pervasive - 19 hours 55 min ago

ARLINGTON, Virginia (Reuters) - Weak U.S. labor markets are likely to justify easy money policies for quite a while longer, a top Federal Reserve official said on Tuesday.

COMMENTARY:

Economic Times - Curb likely on Fed reach under new plan - 13 hours 34 min ago

Several high-ranking members of the Senate Banking Committee have reached a tentative consensus on a plan that would strip the Federal Reserve of regulatory powers over all but the very largest banks.

Economist's View - Monetary Policy and Unemployment: Should the Fed have Done More? - 14 hours 7 min ago

Should the Fed have done more to combat the unemployment problem? I have made almost all of the arguments against further easing by the Fed made below, i.e. that further easing by the Fed may not have much additional effect on long-term real interest rates, that even if rates could be brought ...

Wall Street Pit - A Fed Head’s Sobering Analysis of the Labor Market - 15 hours 30 min ago

We’ve heard this before but we need to hear it again. Today the message comes from Charles Evans, president of the Chicago Federal Reserve Bank. “A number of labor market issues… lead me to think this accommodation will likely be appropriate for some time,” he said in prepared ...

The Big Picture - NY Fed: Preparing for a Smooth (Eventual) Exit - 19 hours 38 min ago

Preparing for a Smooth (Eventual) Exit March 8, 2010 NY Fed Brian P. Sack, Executive Vice President Remarks at the National Association for Business Economics Policy Conference, Arlington, Virginia Thank you for inviting me to speak today. In my ...

The Big Picture - Future Fed Oversight: 23 Banks ? - 20 hours 10 min ago

There are a handful of good ideas in some of the latest proposals floating around: Consolidate all of the banking oversight into one super regulator to prevent forum shopping. Then give that regulator teeth. (I suggest the FDIC is the best office to do this in). Here are some of the proposals under ...

Seeking Alpha - Fed to Raise Overnight Rates by a Surprise 0.25%? - 20 hours 25 min ago

The Federal Reserve is set to raise its key overnight interbank rate by a surprise 0.25 per cent next Tuesday when the Federal Open Market Committee meets, a senior banker from a top global bank specialized in currency trading told us. This will signal an end to the brief era of near zero ...

BusinessDay - Fed govt urged on transport upgrades - 20 hours 52 min ago

Only leadership from the federal government will help to achieve the large-scale changes needed for the nation's transport networks, a transport group says.

DealBook - N.Y. Fed to Expand Firms for Reverse Repos - 23 hours 37 min ago

The U.S. Federal Reserve is taking an additional measure to lay the groundwork to drain excess bank reserves, as it seeks to remove some of the $1 trillion in cash it injected during the global credit crisis, Reuters reported. 0

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