News
Bloomberg | Volcker Rule Ushers in Era of Increased U.S. Oversight of Trades
Wall Street faces increased government oversight of trading after U.S. regulators issued what they billed as a stricter Volcker rule today, imposing restrictions designed to prevent blowups while leaving many of the details to be worked out later.
Econ Comments & Analysis
WSJ | How Fed Policy Roils Emerging Markets
Taper talk is once again ruffling global markets as better-than-expected U.S. job creation feeds expectations that the Federal Reserve could start slowing down its $85 billion-a-month asset purchases, known as QE3.
Bloomberg | If We're Lucky Volcker Rule Will Make Banks Less Transparent
I guess the Volcker rule comes out tomorrow and you can read about it then but why should its nonexistence stop you today? Here are DealBook and Bloomberg News articles that are best read as companion pieces: Bank lobbyists think that the Volcker rule is too strict and will sue to weaken it, while anti-bank lobbyists think that it's too lenient and will lobby to strengthen it.
Blogs
WSJ | Fed’s Fisher: The Time to Taper Fed Bond Buys Is Now
Federal Reserve Bank of Dallas President Richard Fisher said Monday that it is time for the central bank to begin winding down its easy-money policies and give a clear time table for how that process will play out.
