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Monday, February 6, 2012

Monetary

News                                                                                                                             
WSJ | Fed Likely to Retain Stance on Low Rates
A few more months of strong jobs reports like the one released Friday, and the Federal Reserve might need to draw up a new game plan. For now, though, Fed Chairman Ben Bernanke seems unlikely to rewrite his script for the central bank.
Bloomberg | EU May Relax Sovereign Debt Demands for Banks
European bank supervisors may discuss easing requirements for lenders to hold capital against sovereign debt this week as part of more than 30 meetings this month to track banks’ progress in complying with updated requirements, two people with knowledge of the discussions said.

Econ Comments & Analysis                                                                                            
WSJ | The Fed Votes No Confidence
We're now in the 37th month of central government manipulation of the free-market system through the Federal Reserve's near-zero interest rate policy. Is it working?
Bloomberg | Fed Inflation Goal Is More Politics Than Policy
The Federal Reserve’s decision last month to set a soft inflation target is the latest in a series of steps the central bank has taken in recent years to improve policy transparency. It’s also the most controversial among economists, and with good reason.