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Thursday, November 21, 2013

Monetary

News                                                                                                                             
Bloomberg | Wholesale Prices in U.S. Fell in October for a Second Month
The 0.2 percent drop in the producer-price index followed a 0.1 percent decline the prior month, a Labor Department report showed today in Washington. The decrease matched the median estimate in a Bloomberg survey of 75 economists.
Bloomberg | Fed QE Taper Likely in Coming Months on Data, Minutes Say
Federal Reserve officials signaled they may taper their $85 billion in monthly bond buying “in coming months” if the economy improves as anticipated.

Econ Comments & Analysis                                                                                            
Bloomberg | Fed Is Shooting at a Moving Target
Tinkering around the edges. That’s how it strikes me, all this talk about adjusting thresholds and offering more and better forward guidance.