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Wednesday, February 19, 2014

Monetary

News                                                                                                                             
FOX Business | Producer Prices Edge Up in January
U.S. producer prices rose for a second straight month in January, pushed up by an increase in the cost of goods, but there was little sign of a broad pick-up in inflation pressures at the factory gate.
WSJ | Fed Sets Rules for Foreign Banks
The Federal Reserve on Tuesday asserted its authority on global financial groups, passing new rules that could force some large foreign banks to add billions of dollars in capital.

Blogs                                                                                                                             
WSJ | 5 Things to Know about Incoming Cleveland Fed President Loretta Mester
Loretta Mester, 55, director of research at the Federal Reserve Bank of Philadelphia, has been tapped to become the next president of the Federal Reserve Bank of Cleveland, effective June 1. She’ll immediately have a vote on the Fed’s policy committee, making her views of great interest to investors. Here are five things worth knowing about her.