Compassionate Deficit Reduction vs the Fiscal Cliff Last week both the U.S. Federal Reserve and the European Central Bank made big policy commitments to support the global economy (see Pacific Beat— U.S. and Read More » September 20, 2012
Q & A: Pacific Beat— U.S. and Europe Central Banks Announce Major Policy Changes 1. BOTH THE U.S. FEDERAL RESERVE AND THE EUROPEAN CENTRAL BANK MADE BIG POLICY COMMITMENTS LAST WEEK. WHAT DID THE FED DO? The U.S. Federal Read More » September 20, 2012