“The Federal Reserve meets today to discuss interest rate policy, bolstered by data pointing to the slower, sustainable growth and gradually moderating inflation it has predicted. But Fed Chairman Ben Bernanke and his colleagues also face turmoil in stock and bond markets, despite Monday’s stock rally, as traders worry that an economic expansion built largely on easy credit is too brittle to hold together.” (USA Today, Tuesday)
FEE Timely Classic
“Ninety Years of Monetary Central Planning in the United States“ by Richard M. Ebeling