This is the Bernanke Panky Resource Page. Here you'll find helpful links that will help you understand the Federal Reserve.
- The Fed's Official website: Here you'll find out all kinds of data, Fed policies, records, news, etc. A useful resource, here are some additional links you'll find useful the Fed's website:
- Ever wanted to get up to speed on Fed policy? Here's the place to start.
- Economic Research and Data: Here you can find various statistical data, including Staff Studies, Statistical Digests, Statistical Releases (i.e. Aggregate Reserves of Depository Institutions and the Monetary Base - H.3, Consumer Credit - G.19, Flow of Funds Accounts of the United States - Z.1, Foreign Exchange Rates - H.10 (weekly), Money Stock Measures - H.6), Surveys and Reports, and Working Papers
- Fed Press releases: News and Events
- Here you'll find links to the Fed's Monetary Policy report to Congress.
- If you want to get a beginner's guide to how the Federal Reserve actually affects the Fed Funds target rate, read this article on Motley Fool: How the Fed Affects the Economy
- The Federal Reserve Gallery of Shame: Probably the most comprehensive list of articles about the Fed's mishaps and economic doings — put together by Aaron Krowne
- The Mises Institute, the think tank behind Austrian Economics, has been instrumental in explaining what money and banking should be as well as what it currently is today. The following are useful resources that can be had for free on the Mises Institute's website:
- What has Government done to our money? The Case for a 100% Gold Dollar — mp3 by Murry N. Rothbard: This is a must listen (The written version is also available on Mises) on the history of money and why money is best left to a free market.
- The Theory of Money and Credit by Ludwig von Mises
- [Chapter] 9: Inflation and the Business Cycle: The Collapse of the Keynesian Paradigm: Understanding the Austrian Business Cycle is an essential tool for understanding the boom/bust cycles resultant from the creation of money, which is the primary business of the Fed. This mp3 is from Rothbard's Libertarian Manifesto, For a New Liberty, an excellent, engaging listen on the foundations of libertarian ideas.
- America's Great Depression by Murray Rothbard: This dense book details how the United States Federal Reserve played the pivotal role in taking the United States into the Great Depression.
- The Economic Calendar by Yahoo!
- CPI, PPI, and the most requested stats from the Bureau of Labor Statistis
- The infamous NowandFutures Key Stats: This site has an immense amount of useful data and charts, not the least of which is the continuation of the shadily-discontinued-by-the-Fed M3!
- From Economic Indicators dot Gov (Subscribe to email updates):
- Advance Monthly Sales for Retail and Food Services
- Advance Report on Durable Goods
- Construction Put in Place
- Gross Domestic Product
- Manufacturers' Shipments, Inventories, and Orders
- Manufacturing and Trade: Inventories and Sales
- Monthly Wholesale Trade
- New Residential Construction
- New Residential Sales
- Personal Income and Outlays
- Quarterly Financial Report
- Quarterly Services
- Retail E-Commerce Sales
- U.S. International Trade in Goods and Services
- U.S. International Transactions
- The White House Economic Briefing Room: Find a number of useful links to economic data from this page
- The Yield Curve, T-bill rates, Municipal Bond rates, Mortgage Rates — all from this handy Bloomberg page!
- Historical interest rates — Also on the Federal Reserve website, but included here for obvious reasons
- Fed Funds futures probabilities: using this resource, you can quickly gauge what the Fed Fund futures are expecting with regard to interest rates at upcoming FOMC meetings.