Will the Fed’s New Hawks Force a Change of Course?

While most analysts don’t expect a major departure from the December Fed meeting, the voting lineup has changed substantially. Now, Chairman Bernanke has to deal with three new members of the rate-setting committee who have exp…

Eurozone GDP Growth Slows as Austerity Takes Its Toll

Economic performance among EU nations is getting more divergent. While Germany and France continue to modestly expand, debt-plagued countries like Greece are shrinking. That makes it tough for the European Central Bank to set i…