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October 27, 2014

Monetary Policy
Our Fed Dual-Mandate Tracker Affirms Taper Timing

St. Louis Fed President James Bullard continues to burnish his reputation as the FOMC’s least predictable member, reversing course on policy for the second time in 3 months—going from dove to hawk…

Our Fed Dual-Mandate Tracker Affirms Taper Timing

July 16, 2012

Europe and Eurasia
More Evidence That LIBOR Is Hazardous to Economic Health

Central bankers necessarily spend a great deal of time studying economic and market data that they believe to be forward-looking indicators of the economy’s health.  One such is the so-called “LIB…

More Evidence That LIBOR Is Hazardous to Economic Health

December 16, 2013

Monetary Policy
"It's the Inflation, Stupid"

“Based on labor market data alone, the probability of a reduction in the pace of asset purchases has increased,” said Federal Reserve Bank of St. Louis President James Bullard on December 9.  Inde…

"It's the Inflation, Stupid"

November 21, 2012

Middle East and North Africa
Amnesty International and Hamas

The current conflict between Hamas (and other terrorist groups) and Israel has brought out the worst  in Amnesty International. Amnesty has taken a position that can only be called anti-Israel, treat…

November 16, 2012

Cuba
Alan Gross, Vilma Castro, and America’s Cuba Policy

Alan Gross is a former USAID contractor who has been in a Cuban jail since December 3, 2009.  The most recent reports are that he has lost 105 pounds while in prison, and may well be suffering from u…