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Wednesday, March 19, 2014

Monetary

News                                                                                                                             
CNN Money | 4 things to expect from Yellen's Fed
Get ready for Janet Yellen's first policymaking meeting as head of the Federal Reserve.
WSJ | What Will It Take for the Fed to Raise Rates?
Since short-term interest rates were set near zero more than five years ago, the timeline for raising them has been a moving target. First there was "some time" which became "an extended period." Seeking more specifics, the market was then told rates would begin to rise in mid-2013, by late 2014 and then mid-2015.

Econ Comments & Analysis                                                                                            
WSJ | Stress Tests Won't Prevent the Next Financial Crisis
On March 26, the Federal Reserve will release the results of the "stress tests" it conducted on the nation's 30 largest banks. The findings will purportedly reveal how well a bank can withstand a financial crisis, but the Fed's decision to implement more complex stress tests doesn't address what caused the financial crisis of 2008.

Blogs                                                                                                                             
WSJ | What to Watch From the Fed Meeting
The Federal Reserve concludes a two-day policy meeting Wednesday, the first with Janet Yellen officially at the helm.