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Monday, December 16, 2013

Monetary

News                                                                                                                             
National Journal | How Janet Yellen's Agenda Could Transform Washington
Every Federal Reserve Board chairman comes into office with a secret agenda, a hidden passion. It's the sort of thing you don't hear about at the confirmation hearings, and yet it is often this grand passion—suddenly given voice in the world's bulliest economic pulpit—that shapes the nation's future in unexpected ways.

Econ Comments & Analysis                                                                                            
Washington Times | A bad idea making America even less competitive
The usual suspects were positively giddy last week after five federal agencies got together to adopt what’s known as the Volcker rule. This somewhat obscure, thousand-page regulation isn’t the sort of thing to come up in casual conversation around the water cooler (except on Wall Street). But it’s another example of the bad ideas making America less competitive.

Blogs                                                                                                                             
Market Watch | Fed never grabs punch bowl in December, analyst points out
More than one economist believes the Federal Reserve’s decision this week on whether to start to pull back, or taper, its bond-buying program is a “coin toss.”