Pages

Friday, May 24, 2013

Monetary

News                                                                                                                             
Bloomberg | Fed History Shows Punch Bowl Goes as Jobs Rise: Cutting Research
An improving labor market rather than accelerating inflation made the Federal Reserve decide to end its last three episodes of easy monetary policy. It may be about to happen again, says Barclays Plc strategist Barry Knapp.

Econ Comments & Analysis                                                                                            
WSJ | Bernanke Talks, Markets Wobble. There Must Be a Better Way
Since Federal Reserve Chairman Ben Bernanke testified before Congress's Joint Economic Committee Wednesday morning, commenting on the economic outlook and responding to questions from lawmakers on the likely path of monetary policy, financial markets have experienced turmoil.
TIME | Japan Market Crash: A Slow Leak in the “Central Bank Bubble”
There’s a truism in investing that the last one into a market is the first one out. And that certainly seems to be the case today, with Japan’s Nikkei index crashing off the back of two things: First, hints from the Federal Reserve that the U.S. economy is improving enough to justify a slow pull-back from the central bank’s market-goosing asset buying program known as “quantitative easing;” and second, that the Chinese economy is slowing down even more than we thought.