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Friday, January 31, 2014

Monetary

News                                                                                                                             
Market Watch | Euro-zone inflation unexpectedly falls to 0.7%
Inflation in the euro-zone dropped to 0.7% in January, marking an unexpected decline and adding more pressure on the European Central Bank to act to fight deflationary tendencies.
WSJ | U.S. Banks Start to Ease Limits on Lending
Big banks are beginning to loosen their tight grip on lending, creating a new opening for consumer and business borrowing that could underpin a brightening economic outlook.

Econ Comments & Analysis                                                                                            
NY Times | Bernanke Should Be Thanked
Ben S. Bernanke ascended to the chairmanship of the Federal Reserve eight years ago as a little-known — albeit distinguished — Princeton economics professor who had notched just three years of federal public service.