links for 2010-01-20

The Federal Housing Administration, which is supporting the housing market by insuring thousands of new mortgages every day, is expected to announce on Wednesday that it is tightening standards.

Bank of England Governor Mervyn King said “undesirably low” money supply growth will curb inflation and return it to the 2 percent goal, suggesting he’s not yet ready to unwind emergency stimulus.

the Bank will say that today’s figures are a blip. Perhaps they are right. But it is ammunition for those who say that having started an experiment in printing money — which usually leads to inflation — the Bank now doesn’t know how to stop.