Time to get smart, not scared, about the economy

Federal Reserve Chairman Ben Bernanke Tuesday told an audience of teachers in Washington that both individuals and the larger economy could benefit from more and better financial education.  I never agreed more than when I learned that hedge fund leader Louis Bacon announced he'd return $2 billion to investors in Moore Capital, an $8 billion fund, …

Continue reading Time to get smart, not scared, about the economy

Inflation not a worry for the next couple of years

Dick Syron and John LaWare were affable enough heads of the Boston-based regional operation of the Federal Reserve System. But, when they were out in the community, they seemed to speak only with other businessmen and in highly selective institutional settings. Cathy Minehan did somewhat better. But the current president of the Federal Reserve Bank …

Continue reading Inflation not a worry for the next couple of years