Pages

Tuesday, January 14, 2014

Monetary

News                                                                                                                             
Market Watch | U.S. import price index flat in December
Prices of goods imported into the U.S. were unchanged in December and they fell 1.3% for the full year, the Labor Department said Tuesday.
Bloomberg | Fed to Release Plan to Limit Banks’ Commodities Activities
The Federal Reserve is poised to take a preliminary step toward limiting banks’ involvement with physical commodities amid congressional scrutiny, according to three people briefed on the discussions.
Market Watch | What’s up with prices?
These days, prices for a number of goods and services have suddenly begun to rise. Some are obvious, others are not. But most of them appear to be escaping the government’s number-crunchers, when it comes to showing up in its various price indexes.

Econ Comments & Analysis                                                                                            
AEI | International risks for the Fed Reserve
On Wall Street, international bond traders are fond of saying that when the winds are strong even turkeys fly. By this they mean that when global financial conditions are favorable, even countries with bad economic and political fundamentals have little difficulty in borrowing at very low interest rates.