John B. Taylor (George P. Shultz Senior Fellow in Economics; Chair, Working Group on Economic Policy; and member of the Task Force on Energy Policy) is featured
Economists testified about strategies for withdrawal from unconventional efforts to prop up the economy and the disposition of more than $1.7 trillion in assets procured during the financial crisis. . . .
The U.S. government and many American economists are ratcheting up their criticism of China’s economic policies as the April 15 deadline approaches for the U.S. Treasury to stipulate if China is manipulating its currency. . . .
China may allow the yuan to trade more freely against the dollar, while avoiding an abrupt revaluation that would wreck its exports, according to Fan Gang, an adviser to the country’s central bank. . . .
John B. Taylor (George P. Shultz Senior Fellow in Economics; Chair, Working Group on Economic Policy; and member of the Task Force on Energy Policy) is quoted
The Federal Reserve chairman, Ben S. Bernanke, hinted on Thursday that the central bank might be open to selling part of its huge portfolio of mortgage-backed securities when the time came to start tightening credit. . . .
Pressure on China to allow its currency to rise in value against the dollar intensified Wednesday with a prominent economist telling Congress that the Obama administration should cite China and four other Asian economies as currency manipulators in a report due in April. . . .