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Thursday, March 1, 2012

Monetary

News                                                                                                                             
CNN Money | Who's afraid of Greek credit default swaps?
For investors, the words credit default swap can bring back painful memories of 2008. But in the case of Greece, the dreaded derivatives may not be the ticking time bomb some have feared.

Econ Comments & Analysis                                                                                            
Market Watch | Fed's Pianalto comfortable with policy stance
Cleveland Federal Reserve Bank President Sandra Pianalto said Thursday that she is comfortable with the current stance of monetary policy. "I would prefer nothing more that to support an increase in interest rates before late 2014 on the basis of a brighter outlook for economic growth - but I am not there yet,"
WSJ | A World Awash in Money
If you want to know who rules the world economy these days, Wednesday was instructive.