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Friday, September 7, 2012

Monetary

Econ Comments & Analysis                                                                                            
WSJ | The ECB Wades In Deeper
Mario Draghi laid out the European Central Bank's latest bond-buying venture Thursday, and we suppose the good news is that it isn't as sweeping as it might have been.

Blogs                                                                                                                             
Economist | Costs and intentions
Monetary policy has become a tricky business. Since the traditional Fed policy tool, the Fed funds rate target, can’t go much lower, the Fed has turned to less conventional methods, such as buying long-term Treasuries.