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Tuesday, January 24, 2012

Monetary

News                                                                                                                             
CNN Money | Meet the new Federal Reserve members
The Federal Open Market Committee's new roster includes presidents Jeffrey Lacker of Richmond, Sandra Pianalto of Cleveland, Dennis Lockhart of Atlanta and John Williams of San Francisco.
Market Watch | Fed plans makeover meant to soothe hawks and doves
For the first time, Fed officials will release forecasts for their best guess of the path of short-term rates for coming years. They will also provide the likely time of the first rate hike and will also disclose qualitative assessments of the role of the balance sheet ahead.