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Thursday, January 24, 2013

Monetary

News                                                                                                                             
CNN Money | Inside the Fed's fight
The public face of American monetary policy is a bearded, soft-spoken, baseball-loving academic who was given his job by a Republican president and reappointed by a Democrat.

Econ Comments & Analysis                                                                                            
Bloomberg | How Fed Learned to Stop Worrying and Love Zero
For anyone whose financial memory dates back to a time when the overnight interbank rate was in double digits, the Federal Reserve’s announcement last month that zero was here to stay was nothing short of stunning.