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Monday, January 6, 2014

Monetary

News                                                                                                                             
CNN Money | Senate set to confirm Yellen as Fed Chair
The U.S. Senate is expected to confirm Janet Yellen Monday to serve as the next chair of the Federal Reserve, after Ben Bernanke's second term ends in January.

Econ Comments & Analysis                                                                                            
WSJ | Economists Spar on Path to Faster Recovery
One of the most buzzed about figures at the annual meetings of the American Economic Association in Philadelphia this weekend was Alvin Hansen, an economist who has been dead for nearly 40 years.
Bloomberg | Central Banks Split on Stimulus in 2014 as Fed Tapers
The Federal Reserve -- soon to be led by Janet Yellen, who is poised for confirmation by the Senate today -- begins pulling back on its quantitative easing amid stronger U.S. growth, and the Bank of England is trying to cool its housing market. The European Central Bank and Bank of Japan lean toward more monetary action to fight weak inflation. The ECB and BOE both hold policy meetings this week.

Blogs                                                                                                                             
WSJ | What Will Central Banking Look Like in 2014?
Inflation is slowing in the developed world but not clearly tamed in developing economies. Growth is highly uneven across the globe and the next big shift in capital flows unknown. Against that backdrop, central banks are charting different courses.