Further easing ‘warranted soon’, Fed says – FT.com

 

Federal Reserve Building in Washington D.C. - ...

Federal Reserve Building in Washington D.C. – Illustration (Photo credit: DonkeyHotey)

 

This is an excellent article from the FT. Check it out!

 

Further easing ‘warranted soon’, Fed says – FT.com.

 

Many regular Fed watchers will be debating yesterday’s Fed news for some weeks. It seems that the language was unusually direct in suggesting that it was appropriate for the Fed to take additional measures soon. Now speculation will turn to the type and quantum of the intervention from the Fed. One interesting bit of news was that the Fed might follow the Bank of England‘s plan to encourage banks to lend to households and businesses.

 

So key questions:

 

  1. What will the Fed do?
  2. When will the Fed do it?
  3. What are the political implications for the US Presidential election?
  4. How will it influence US Government policy?
  5. How will markets respond?

 

What do you think?

 

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BBC News – Audit Commission urges social care savings of £300m

UNSPECIFIED, UNITED KINGDOM - DECEMBER 09:  Co...

UNSPECIFIED, UNITED KINGDOM – DECEMBER 09: Communities Secretary Eric Pickles arrives for a cabinet meeting in Downing Street on December 9, 2010 in London, England. Parliament is voting tonight on whether to implement the coalition Government’s proposals to increase university tuition fees in England from 3,290 GBP to 9,000 GBP. (Image credit: Getty Images via @daylife)

This is an important story from the BBC picking up on the findings of the  Audit Commission in the UK investigating social care. Check it out!

BBC News – Audit Commission urges social care savings of £300m.

The article draws attention to the fact that austerity cuts have fallen on front-line services and local have not been smart in looking at cost reduction.

Surely, there are three simple policy changes that Local Authority Minister Eric Pickles could make to improve matters?

What do you think?

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