News
Bloomberg | ECB Said to Favor 6% Capital Requirement in Stress Test
The European Central Bank favors requiring banks to show their capital won’t fall below 6 percent of their assets when it puts them through a simulated recession later this year, said two euro-area officials with knowledge of the matter.
National Journal | Bernanke's Long Goodbye
The topic of his remarks, "The Fed Yesterday, Today, and Tomorrow," at the launch of the new Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, will give the Fed chairman one last chance to defend his tumultuous years at the central bank through the substantial megaphone unique to the Fed chairmanship.
Reuters | Consumer prices post largest gain in six months
U.S. consumer prices recorded their largest increase in six months in December as gasoline prices rebounded, but there was little to suggest a broader pick-up in prices with underlying inflation muted.
