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Monday, April 29, 2013

Monetary

News                                                                                                                             
CNN Money | If not now, when will ECB cut rates?
Stuck in recession, with inflation rates tumbling and unemployment rising, the eurozone looks set to get its first cut in interest rates in 10 months this week.
Bloomberg | Ebbing Inflation Means More Easy Money
Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.

Econ Comments & Analysis                                                                                            
Washington Times | Austerity, IMF-style
Along with the cherry blossoms, hordes of bureaucrats descended on Washington for the spring meeting of the World Bank and the International Monetary Fund (IMF).

Blogs                                                                                                                             
Economist | Can the Fed offset contractionary fiscal policy?
Mike Konczal writes that 2013 is shaping up to be a grand experiment, testing an important macroeconomic proposition: that expansionary monetary policy can offset fiscal cuts.