Popularized in films like Limitless, legal smart drugs called Nootropics are becoming more and more prevalent in board rooms and on Wall Street.Keep reading »
- 12 Jul 2011 at 3:01 PM
FOMC members were split on balancing the potential need for more monetary stimulus against inflation fears, with most members viewing current inflation levels as temporary and driven by energy prices. The minutes sum up the debate on additional easing:
On the one hand, a few members noted that, depending on how economic conditions evolve, the Committee might have to consider providing additional monetary policy stimulus, especially if economic growth remained too slow to meaningfully reduce the unemployment rate in the medium run. On the other hand, a few members viewed the increase in inflation risks as suggesting that economic conditions might well evolve in a way that would warrant the Committee taking steps to begin removing policy accommodation sooner than currently anticipated.
The minutes do not discuss the Fed members’ views, if any, on Paul Krugman’s calls for additional fiscal stimulus and/or magic.
Fed Officials Divided on Further Stimulus [Bloomberg]
Keep reading »
It’s not just doctors and scientists that need STEM education. America’s shifting economy is demanding more trained workers in many different sectors. See how Travis Brooks got the hands-on education he needed to become a technician at the Chevron Pascagoula Refinery. Visit The Atlantic to learn more.
- Hedge Fund Manager Keeps A Detailed Record Of All The Asses He's Grabbed
- 10 Reasons Wall Street Is Using Smart Drugs Crush Work
- If You Stand Perfectly Still, Dan Loeb Cannot See You: Sony Execs
- Buy Anything With The Word ‘Cuba’ In It
- Bonus Watch '14: Citigroup
- Janet Yellen Politely Asks Elizabeth Warren To Shove It
- Bonus Watch '14: Investment Analyst Turned Fantasy Sports Team General Manager
- Arizona State Now Has Multiple Business Schools To Choose From
- Bill Ackman Just Can't Help Himself
- Ex-Jefferies Exec Convicted Of Fraud Has Bone To Pick With The Guy Who Turned Him In
- Executive Editor
- Bess Levin
How Can We Help You?
- Send tips to:
- For tech issues email:
- For advertising or events email:
- For research or custom solutions email:
- Dealbreaker is published by Breaking Media.
For a full list of our sites, services and staff visit breakingmedia.com