Fed should raise rates in 2013, Bullard says
Reuters - 2 hours 30 min ago
CHICAGO (Reuters) - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.

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COMMENTARY:

Minyanville - Best of the Blogs: Fed's Bullard Warns of 'Looming Disaster' With Output Gap Model - 3 hours 44 min ago

This column highlights the most interesting and useful business and financial commentary from around the Web each day. Feel free to send along your own suggestions for blog content that you've read or written. Real Time Economics Link: Fed's Bullard Warns of 'Looming Disaster' With Output Gap ...

WSJ Blogs - Real Time Economics : Fed's Bullard Warns of 'Looming Disaster' With Output Gap Model - 4 hours 4 min ago

Seeking Alpha - Better Data Drives Risk On, Fed QE3 Off - 6 hours 14 min ago

The past week ended with a string of better-than-expected data releases from key major economies, suggesting the global recovery may avoid a more worrisome downturn. Mostly better than expected PMI's from Europe, U.K., China and the U.S. were supplemented on Friday by a much stronger U.S. ...

Economist's View - Fed Watch: Another Experiment? - 11 hours 4 min ago

Tim Duy: Another Experiment?, by Tim Duy: In the fall of 2008, US authorities conducted a financial market experiment. They allowed a large and heavily interconnected firm, Lehman Brothers, to file for bankruptcy, apparently under the belief that the consequences should be limited as everyone ...