John Mauldin, Editor
Outside the Box
Housing in America
How America accidentally nationalised its mortgage market
The Jackson four
Should the Fed adopt India’s inflation target?
What Are The Takeaways From Janet Yellen's Speech For Gold Investors?
…future policymakers might choose to consider some additional tools that have been employed by other central banks, though adding them to our toolkit would require a very careful weighing of costs and benefits and, in some cases, could require legislation. For example, future policymakers may wish to explore the possibility of purchasing a broader range of assets. Beyond that, some observers have suggested raising the FOMC's 2 percent inflation objective or implementing policy through alternative monetary policy frameworks, such as price-level or nominal GDP targeting.