Pages

Wednesday, January 29, 2014

Monetary

News                                                                                                                             
Bloomberg | Fed Decision Day Guide From Emerging Markets to FOMC Voter Shift
Here’s what to look for when the Federal Open Market Committee releases a statement today at 2 p.m. after a two-day meeting in Washington. It will be the last meeting for Chairman Ben S. Bernanke, who isn’t scheduled to give a press conference.

Econ Comments & Analysis                                                                                            
Real Clear Markets | The Federal Reserve's 'Too-Big-To-Fail' Paternalism
The Federal Reserve on January 24 issued guidance for "eight domestic bank holding companies that may pose elevated risk to U.S. financial stability." The guidance, which is part of Dodd-Frank resolution planning, is intended to "clarify" expectations for these companies and guide the Federal Reserve staff charged with supervising them. But the fact that such guidance is necessary illustrates what is wrong with our financial system and its regulatory framework.
Fortune | Why low inflation hurts the 99%
Instead of just looking at inflation, the Fed should consider the gap between income and inflation. And the gap is wide.
WSJ | IMF Official Says Emerging Markets Must Act to Tame Inflation
A top International Monetary Fund official on Tuesday said emerging markets must act quickly to tame rampant inflation, but said there is no need to worry yet about a global market selloff.

Blogs                                                                                                                             
WSJ | What to Watch for From Fed Meeting
The Federal Reserve’s policy committee on Wednesday wraps up its latest meeting, Ben Bernanke’s last as chairman. The Fed’s policy statement comes out at 2 p.m. EST. Mr. Bernanke won’t hold a news conference after the meeting and Fed officials won’t release new economic projections. Here’s what to watch for: