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Monday, June 18, 2012

Monetary

News                                                                                                                             
CNN Money | What else can the Fed do?
Hiring has slowed, economic growth has eased, inflation is tame and millions of Americans remain unemployed. In short, the recovery is stalling.
Bloomberg | Fed Seen Twisting to Risk Management to Spur U.S. Growth
Federal Reserve officials must choose this week between their best estimates and their worst fears of what will happen to the U.S. economy.
Market Watch | Fed expected to twist again
The Federal Reserve is likely to extend its Operation Twist program at the end of its two-day meeting on Wednesday, a growing number of Fed watchers said over the weekend.

Blogs                                                                                                                             
Economist | My money is bigger than yours
I grew up thinking in British pounds. So when I travel abroad I'm used to dividing foreign prices not multiplying them. This has a calming effect, I find. Prices are smaller than they look.
WSJ | Economists: Fed Most Likely to Extend Twist
The Federal Reserve is most likely to decide to extend Operation Twist at next week’s policy meeting, according to a Wall Street Journal survey of economists.