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Tuesday, January 22, 2013

Monetary

News                                                                                                                             
CNN Money | Bernanke won't be back in 2014, say economists
Economists believe we have only one more year of Ben Bernanke's tumultuous tenure as chairman of the Federal Reserve. And most think that's bad news for the economy.
Financial Post | Bank of Japan makes biggest push in decades to jump-start economy
The Bank of Japan made its strongest commitment yet to end two decades of stagnation, shifting to Federal Reserve-style open-ended asset purchases while disappointing investors by delaying the program until next year.

Econ Comments & Analysis                                                                                            
CNN Money | Interest rates: The big freeze
The low rates of the past few years -- which have warmed the hearts of mortgage applicants but been cold comfort to savers -- are unlikely to budge soon. For that, thank (or blame) the Federal Reserve.