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Wednesday, January 9, 2013

Monetary

News                                                                                                                             
Market Watch | 3 reasons the ECB won’t cut…and 1 reason it might
Expectations that the dawn of a new year would bring another cut in interest rates by the European Central Bank melted faster than a freak Christmas snow in Rome.
Market Watch | Bank of Japan to mull 2% inflation target: report
Under political pressure from the new Japanese government to ease policy further, the Bank of Japan plans to discuss doubling its inflation target and adding more funds to its asset-buying program, Reuters cited unnamed sources as saying in a report Wednesday.

Econ Comments & Analysis                                                                                            
CNN Money | $1 trillion coin is nuts but not $25 billion - Opinion
Policy wonks are debating whether a $1 trillion platinum coin would be a clever or insane way for President Obama to play hardball with Republicans in the upcoming debt limit battle.

Blogs                                                                                                                             
Calculated Risk | Question #6 for 2013: What will happen with Monetary Policy and QE3?
Earlier I posted some questions for this year: Ten Economic Questions for 2013. I'll try to add some thoughts, and maybe some predictions for each question.