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Tuesday, January 8, 2013

Monetary

News                                                                                                                             
NY Times | Easing of Rules for Banks Acknowledges Reality
Over the last weekend, Mr. Dimon finally got what he had wanted: a form of deregulation of sorts. The new international capital requirements for banks, known as Basel III — apologies if your eyes are glazing over — were significantly relaxed by regulators.

Blogs                                                                                                                             
WSJ | What’s So Great About Independent Central Banks?
The monetary prong of its legislative program calls for a higher inflation target and also an open-ended commitment on the part of the BOJ to expand its balance sheet.