All posts in tag: Federal Reserve

Carola Binder Overheating and the Fed

Carola Binder, graduate student, economics | 2/7/13 | One comment

Governor Jeremy Stein of the St. Louis Federal Reserve gave a speech on February 7 called “Overheating in Credit Markets: Origins, Measurement, and Policy Responses.” Overheating is a term he uses to describe a credit market with low interest rates, lax lending standards, and high risk-taking by investors “reaching for yield.” The … More >

Robert Reich The jobs report: Don’t break out the champagne

Robert Reich, professor of public policy | 12/5/11 | One comment

In brief: The Bureau of Labor Statistics’ household survey shows unemployment at 8.6 percent, and the payroll survey shows 120,000 new jobs in November (140,000 from the private sector, and a loss of 20,000 in the public sector). BLS also revised upward its job numbers for September and October.

What does … More >

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