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Thursday, February 23, 2012

Monetary

News                                                                                                                             
Bloomberg | IMF Said to Limit Exposure to Greece at 30 Billion Euros After New Loan
The International Monetary Fund will seek to keep its exposure to Greece under a new bailout package at 30 billion euros ($39.8 billion), including money still owed from a previous loan, an IMF official said.

Econ Comments & Analysis                                                                                            
Daily Finance | Why Inflation's Higher Than It Looks
Last fall, Social Security recipients got their first raise in their monthly benefit checks since 2009. Yet, if you're like most people, watching the prices of the things you buy go up all the time makes the government's inflation gauge seem out of touch.
Market Watch | Fed's Fisher: No need for QE3 given improved data
A better tone to economic data shows that the economy does not need more unconventional easing from the Federal Reserve, said Richard Fisher, the president of the Dallas Federal Reserve Bank, on Thursday.
Forbes | Gasoline Prices Are Not Rising, the Dollar Is Falling
Panic is in the air as gasoline prices move above $4.00 per gallon. Politicians and pundits are rounding up the usual suspects, looking for someone or something to blame for this latest outrage to middle class family budgets.

Blogs                                                                                                                             
The American | Ben Bernanke, backed in a corner
Ben Bernanke, the chairman of the Federal Reserve, has been having a rough time lately. He’s received criticism from politicians, pundits, and other central bankers, and has been attacked for doing both too much and too little.