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Monday, February 11, 2013

Monetary

News                                                                                                                             
Bloomberg | Fed Easy Credit Becomes Inside Debate Focusing on Escape
Federal Reserve Chairman Ben S. Bernanke says the end of the central bank’s bond buying won’t constitute a move toward tighter policy. He may have a tough time convincing stock and bond investors that’s true.
Bloomberg | Fed Joining in Alarm Over Distortion It Enabled: Credit Markets
A Federal Reserve governor is joining those warning that junk-debt investors are poised for losses, while his institution’s policies spur them to keep buying the debt.