Pages

Thursday, March 14, 2013

Monetary

News                                                                                                                             
FOX Business | Wholesale Inflation Rises 0.7% in February
U.S. producer prices months in February rose by the most in five as gasoline prices spiked, but there was little sign of a broader increase in inflation pressures.
Market Watch | Fed moves release time of future policy statements
The Federal Reserve announced Wednesday that it will shift the release time of the monetary policy statements to 2 p.m. Eastern. In the past, the central bank released the statements at 2:15 p.m.
FOX Business | Regulators Rule Big Banks Don't Have to Hold Break-Up Votes
U.S. regulators have agreed with four of the country's biggest banks that they will not have to hold shareholder votes at upcoming annual meetings over whether the institutions are too big.

Econ Comments & Analysis                                                                                            
Mercatus | Dodd-Frank: 'Financial Stability' On the Backs of Taxpayers
March 11 marked the start of mandatory central clearing for certain kinds of over-the-counter derivatives called swaps. The central clearing requirement, a major component of Dodd-Frank, is purportedly one of the pillars upon which the future stability of our financial system rests. That pillar, however, is not as sturdy as it looks, particularly because regulators-blinded by central-clearing-love-are leaning on it.

Blogs                                                                                                                             
WSJ | ECB Doubles Down on Austerity
The European Central Bank is doubling down on its insistence that fiscal austerity is the best way to achieve economic growth in the long term.