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Fed Should Avert Price Bubbles With Regulation, Mishkin Says (Bloomberg.com)

16 May 2008

May 16 (Bloomberg) -- Central bankers should strengthen regulation to avert a credit-fueled increase in asset prices and forgo raising interest rates in an attempt to reverse a future price surge, Federal Reserve Governor Frederic Mishkin said.

David Squared Equals Bigger Idol Numbers (E! Online)

16 May 2008

The impending battle of the Davids put a little spring in American Idol's flagging step last night. Fox's hit show—which, despite showing signs of deflation, still exhibits...

Bank of Japan May Keep Rate at 0.5% on Growth Outlook (Update2) (Bloomberg.com)

16 May 2008

May 16 (Bloomberg) -- The Bank of Japan will probably keep interest rates on hold next week after it slashed its growth estimate and shelved a two-year policy of seeking higher borrowing costs.
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