Pages

Wednesday, February 8, 2012

Monetary

News                                                                                                                             
CNBC | Fed Will 'Protect the US' From Europe's Crisis: Bernanke
"We are in frequent contact with European authorities, and we will continue to monitor the situation closely and take every available step to protect the U.S. financial system and the economy,'' Bernanke told the Senate Budget Committee.
Real Clear Markets | Having Wrecked the Banks, the Feds Target Money Funds
Though the interim years make the late ‘90s increasingly hazy, back then cash management via money market funds was a fairly simple concept.

Econ Comments & Analysis                                                                                            
Market Watch | Bernanke looks past January jobs report
Federal Reserve Board Chairman Ben Bernanke did not throw the spotlight Tuesday on last week’s surprisingly strong January unemployment report, sticking to his forecast only moderate growth ahead.

Blogs                                                                                                                             
CATO | Bernanke’s Anti-Stimulus
One of the direct results of the Federal Reserve’s zero interest rate policies has been a massive reduction in interest income going to households. Since 2008, household interest income has fallen by about $400 billion annually.