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Tuesday, March 8, 2011

Monetary

News                                                                                                                             
MSNBC | Most economists say Fed’s stimulus plan is helping
Most economists believe the Federal Reserve's bond-purchase program is helping to support U.S. growth, though many remain skeptical, a survey released on Monday found.
Fiscal Times | Greece Raises $2.3 Billion After Rating Cut
Greece raised euro1.625 billion ($2.28 billion) in an auction of treasury bills Tuesday, though the higher interest rate it has to pay revealed investor unease a day after the country's credit rating was downgraded sharply.

Econ Comments                                                                                                             
CNN Money | Dollar doom bets hit new high
Dollar doomsaying is at record levels. Is it time to stray from this unhappy flock?

Blogs                                                                                                                             
WSJ: Real Time Economics | Oil Jump Presents Conundrum for Fed
Two top Federal Reserve officials on Monday offered conflicting views on the right response to higher oil prices, kicking off what’s likely to be a lively debate within the central bank.