1. Fed cut its benchmark rate and discount rate by 25 bps (the difference between the two is here). WSJ Blog points to the economists’ reaction. It has also analysed the 12 Fed presidents’ view via discount rate requests.
It points to another analysis which says US economy may now be shrinking.
2. Mankiw says Harvard education to cost USD 1 billion in future.
3. PSD Blog points all World Bank databases can be found at one website