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In its August policy statement the Federal Reserve took the highly unusual step of putting a specific time frame for the continuation of its near zero interest rate policy.
FORBES: Fed Pledge Let's You Know The Fix Is In
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In an ideal world, that would frame a debate about pension policy in the upcoming election campaign.
ECONOMIST: Pensions
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Mr. Bernanke said to Congress on Wednesday that an early pullback on bond buying could stall the recovery but that the Fed could "take a step down" from the purchases within the time frame of the next few policy-setting meetings if economic data support that path.
WSJ: Stocks Give Up Early Gains
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Soft housing demand will help frame Tuesday's meeting of the Reserve Bank of Australia's policy-making board, with some in the market saying the chance of a cut in the 4.25% cash rate is evenly balanced.
WSJ: Australia Housing to Drag on Growth
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The Obama Administration is not going to build a Death Star and I do not have a problem with that but the Obama Administration is also refusing to fund a second development air-frame for the Boeing anti-ballistic missile laser battle station and that I regard as a serious policy error.
FORBES: White House Denies Petition Request To Build A Death Star