FT Money Supply is an interesting blog to watch at the moment. Check it out!
With policy-makers still behind the curve, and markets and credit rating agencies keeping the pressure up, it is timely to look for central bank intervention.
Next week, all eyes will be on the Fed for possible signs of further monetary stimulus. Many commentators, like economist Paul Krugman, believe that the Fed has not done enough to create jobs in the US. On the other hand, the Fed may feel that its hands are tied ahead of the US election – not wanting to be accused of favouring either candidate.