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Wednesday, September 11, 2013

Monetary

News                                                                                                                             
Bloomberg | U.S. Regional Banks Root for Fed to Ease Squeeze on Rates
Regional lenders including Fifth Third Bancorp (FITB) and BB&T Corp. (BBT) are rooting for the Federal Reserve to let interest rates rise, a move that could help their results more than at some of the biggest Wall Street firms.
WSJ | Volcker Rule to Curb Bank Trading Proves Hard to Write
Hours after being sworn in as Treasury Secretary in February, Jacob Lew pulled regulators into a conference room and delivered a blunt message: Get the Volcker rule done.

Econ Comments & Analysis                                                                                            
Real Clear Markets | 2008's Regulatory 'Solutions' May Author the Next Crisis
At this time five years ago, our financial markets were confronting the failures or near-failures of financial companies with household names and global reach. Part of the legacy of the events of September 2008 may end up being more bad regulatory policy.

Blogs                                                                                                                             
Economist | On the meaning of inflation
Inflation, like demand itself, is always and everywhere a monetary phenomenon. Milton Friedman was right about that. But while that's a useful thing to know it's not always the answer to the question we're really asking about macroeconomic troubles.