As rebukes go in the close-knit world of central banking, few hurt as much as the scathing indictment of US Federal Reserve policy by Professor Anna Schwartz...
The European Central Bank (ECB) remains seriously out of step with other key central banks in the industrial world despite recently announced coordinated efforts to increase short-term liquidity in the banking system...
With the Federal Reserve struggling to find the right medicine for a sickly economy that may be resistant to traditional remedies, talk of using fiscal stimulus -- spending increases or tax cuts -- is growing louder...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.