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By Andrew G Haldane, Executive Director, Financial Stability, Bank of England There is a long list of culprits when it comes to assigning blame for the financial crisis. This column argues economists are among the guilty, having succumbed…

Editor's note: the following is the text of a speech given by Federal Reserve Board Chairman Ben Bernanke at the Economic Club of Indiana earlier today. Five Questions about the Federal Reserve and Monetary Policy Good afternoon. I am…

By Paul De Grauwe, Professor of international economics, London School of Economics, and former member of the Belgian parliament and Yuemei Ji, Economist, LICOS, University of Leuven This post was first published at VoxEU Germany’s large…

The Federal Reserve Board issued the following statement in conjunction with the FOMC's decision to begin an aggressive round of quantitative easing. Information received since the Federal Open Market Committee met in August suggests that…

Editor's note: The FDIC released the following press release today in conjunction with findings by the FDIC's Committee on Economic Inclusion to Discuss Strategies to Expand Access. The Federal Deposit Insurance Corporation (FDIC) today…

The following press release was issued by Moody's Investors Service earlier today regarding the United States. New York, September 11, 2012 -- Budget negotiations during the 2013 Congressional legislative session will likely determine the…

Even before the crisis, there were some who stressed that monetary policy should keep an eye on asset bubbles and the growth of credit. This column argues that the policy of inflation targeting, used widely in the 1990s and 2000s, did…

By Warren Mosler This was written by Michael Johns. I saw him on C-Span, contacted him, and have been in touch ever since. Michael is a conservative, and one of the Tea Party founders. As you can see below, however, he too recognized the…

Editor's note: Moody's issued the following press statement yesterday relating to its downgrade of the European Union's ratings outlook. Moody's Investors Service has today changed to negative from stable its outlook on the Aaa long-term…

The following is an excerpt of an article written for the Dallas Fed this month by William R. White, a well-known Canadian economist who served as Chief Economist for the Bank of International Settlements until 2008 and was also one of the…