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Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates ABC News - Breaking News, Latest News and VideosBusiness The EconomistWarsh Makes His Case With Jargon, and a Penchant for Detail The New York TimesCharting the Global Economy: Warsh's Tenure at the Fed Begins Bloomberg.com
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Suspending the federal gasoline tax could save drivers up to 18.4 cents per gallon. But it would drain the fund meant to cover roadbuilding and repairs — a fund that's already in trouble.
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Stock and bond prices moved lower after the Bureau of Labor Statistics issued a strong-than-expected employment report for October, which bolsters the case for the Federal Reserve to push ahead with interest-rate increases this year and next.
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