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Thursday, September 27, 2012

Monetary

News                                                                                                                             
CNN Money | What QE3 means for China and rest of Asia
Now that most of the developed world's major central banks have all committed to some form of open-ended quantitative easing, we can start to make some concrete predictions about the effects this will have in Asia.
Market Watch | Fed’s next move: Buy more Treasurys
The Federal Reserve’s next move will be to outright buy Treasurys, most likely at its meeting in early December, Fed watchers said Wednesday.
CNBC | Fed Virtually Funding the Entire US Deficit: Lindsey
The latest round of extraordinary Federal Reserve stimulus is risky and leaves little room to maneuver should another crisis hit, economist Lawrence Lindsey told CNBC’s “Squawk Box” on Wednesday.

Econ Comments & Analysis                                                                                            
Washington Times | The Fed keeps on printing money
Two weeks ago, Federal Reserve Chairman Ben S. Bernanke announced the purchase of $40 billion worth of mortgage-backed securities per month for an indefinite period of time. This debt acquisition is known as quantitative easing, or QE.
WSJ | Easy Money Is Punishing the Middle Class
With the Republican Party committed to a gold commission and the Federal Reserve committed to easy money, a substantive debate about the principles underpinning our monetary system is finally in the offing.

Blogs                                                                                                                             
WSJ | After Brief QE3 Fever, Inflation Expectations Cool
Longer-term inflation expectations are pulling back again after a brief run-up driven by the Federal Reserve‘s latest bond-buying program.