Economy Now

Instant reaction and smart charts on economic trends.
  • Fed official: End 'Too Big to Fail'

    Another Federal Reserve official is speaking out against Too Big to Fail policies.

    Esther George, president of the Kansas City Fed, believes regulators including the Federal Reserve did not fully take advantage of rules that could have helped them curb risky banking practices leading up to the financial crisis.

    "During the recent crisis, we had a number of powers that might have been used on Too Big to Fail institutions, but were MORE

    - Apr 11, 2012 11:54 AM ET
  • Seniors saddled with student debt

    Student loans aren't only an issue the young have to deal with.

    Nearly 2 million people age 60 and older are still paying back student loans, according to recent research from the Federal Reserve Bank of New York. And they owe more than $36 billion.

    Their average debt? $18,000.

    Now, not all this debt is their own. New York Fed researchers don't have a specific breakdown, but believe many seniors incurred this burden MORE

    - Apr 2, 2012 2:54 PM ET
  • Professor Bernanke rails against gold standard

    Federal Reserve Chairman Ben Bernanke headed back to the classroom Tuesday, and defended the Fed against its most outspoken critic, Ron Paul.

    In a lecture otherwise about Fed history and the Great Depression, Bernanke devoted four slides to discussing "problems of the gold standard."

    For years, Congressman (and now presidential candidate) Ron Paul has argued to abolish the Fed and revert back to a system where U.S. dollars can be redeemed for MORE

    - Mar 20, 2012 3:37 PM ET
  • The Fed joins Twitter

    Is this another one of the Fed's moves to increase transparency with the public? Or did #FedValentines push the central bank over the edge?

    The Federal Reserve --historically known as one of the more hushed, stoic parts of government -- joined Twitter this morning. You can follow it at @federalreserve.

    To start, the Fed said its first foray into tweeting won't consist of much more than press releases, speeches, testimony, reports to MORE

    - Mar 14, 2012 10:20 AM ET
  • Richard Fisher: QE3 would be like 'medical malpractice'

    Most Federal Reserve speeches are a chore to make it through. And then there's Dallas Federal Reserve president Richard Fisher. I've had a man crush on Fisher for a while because his remarks are often peppered with a refreshing dose of non-wonky references to things like tequila, Washington Irving and Bob Dylan.

    I also appreciate the fact that Fisher is a bit of a contrarian. He is an unabashed inflation hawk MORE

    - Mar 5, 2012 2:21 PM ET
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Economic Calendar
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Home pricesAug 28
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