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Tuesday, June 26, 2012

Monetary

Econ Comments & Analysis                                                                                            
CNBC | Pessimistic UK Central Bank Sees Outlook Worsening
The outlook for Britain's economy has worsened over the past few weeks due to turmoil in the euro zone and signs of deterioration in emerging markets, the Bank of England said on Tuesday.
CNBC | Dallas Fed’s Fisher Sees ‘Positive Momentum’
Dallas Federal Reserve President Richard Fisher brushed off concerns of looming deflationary pressures and told CNBC on Monday that he believed the U.S. economy is moving in the right direction.

Blogs                                                                                                                             
Minyanville | Operation Twist II: Project Escape Velocity
This week, the US Bureau of Economic Analysis will release the final reading on Q1 GDP.  By all accounts, it will reflect that the velocity of money will be at the lowest level in half a century.