Archive for July 14th, 2014

WSJ: For Fed, Raising Rates Won’t Be Easy

federal reserve

The Wall Street Journal
By Justin Lahart
JUly 13, 2014

Any time the Federal Reserve raises interest rates, there is risk to the economy. The next time it does so will be far more fraught than ever before.

The Federal Reserve is hoping it will be able to raise rates without rattling markets. Doing so after injecting so much money into the banking system may not come easily.

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Neel Kashkari

By David Siders
dsiders@sacbee.com
Published: Monday, Jul. 14, 2014 – 12:00 am
Last Modified: Monday, Jul. 14, 2014 – 9:21 am

Another radio station cranked up for news talk, and Neel Kashkari chewed pizza outside the studio, ready to go on air.

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Dan Walters

By Dan Walters
dwalters@sacbee.com
Published: Monday, Jul. 14, 2014 – 12:00 am

Ever since Stockton filed for bankruptcy two years ago, Judge Christopher Klein has strongly hinted that he’s willing – perhaps even eager – to declare that city employee pension obligations are debts that could be trimmed along with those of more conventional creditors.

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