Pages

Tuesday, May 21, 2013

Monetary

News                                                                                                                             
Market Watch | Fed's Evans: Need more time to assess job gains
There has been "good progress" in the labor market, but questions remain over whether the gains are sustainable, said Charles Evans, the president of the Chicago Federal Reserve Bank, Monday.
WSJ | IMF Tells Central Europe to Spend More
The International Monetary Fund is recommending short-term stimulus for much of Central Europe, where economies are going through their roughest patch in years and the recession in the euro zone has dampened hopes for a quick recovery.

Blogs                                                                                                                             
Economist | The ECB can't substitute for periphery financial reform
While relieving the immediate pain makes the recovery process more tolerable, deterioration in the underlying fundamentals may be obscured, thereby hindering the achievement of a true diagnosis. In considering how to contribute to solving the euro area’s credit problems, the ECB faces a dilemma of this type.