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Tuesday, August 27, 2013

Monetary

News                                                                                                                             
CNN Money | Four downsides of a chattier Fed
When Ben Bernanke finishes his term in January, one of his key legacies will be a more talkative Federal Reserve.
Market Watch | Fed's Williams: Hard to return policy to normal
It will be a challenge to adjust monetary policy back to normal, said John Williams, the president of the San Francisco Fed Bank, on Tuesday.

Econ Comments & Analysis                                                                                            
WSJ | The Danger of an All-Powerful Federal Reserve
Interest rates make the headlines, but the Federal Reserve's most important role is going to be the gargantuan systemic financial regulator. The really big question is whether and how the Fed will pursue a "macroprudential" policy.
CNBC | Lessons learned from the Fed’s $745 billion mistake
Have the Fed's massive interventions to keep down long-term interest rates failed to neutralize expectations driving the bond market behavior?