Pages

Thursday, April 17, 2014

Monetary

News                                                                                                                             
CNN Money | Markets dig Janet Yellen's 'loose language'
The scene at the Economic Club of New York meeting today had the feel of a rock concert, but instead of T-shirts and sneakers, it was blue pin-stripes and brown wing-tips.
Bloomberg | Dollar Declines Most in a Week on Outlook for Fed
The dollar fell the most in a week against a basket of major peers on speculation the Federal Reserve will move slowly to raise interest rates as the word’s biggest economy expands.

Econ Comments & Analysis                                                                                            
Forbes | Monetary Policy Relief: Finally Adding Growth
The Federal Reserve is ending its policy known as quantitative easing by tapering its bond purchases and the buildup of idle bank reserves. This is already helping bank lending. The prospect of a further gradual normalization of Fed policy should lift economic growth above its devastating “new normal”–the slow GDP growth and high unemployment that have prevailed since 2008.
Investors | Fed Can Print Money, But It Can't Print Jobs
We have all been watching a long mystery with no ending: What the Federal Reserve governors are trying to do, how they intend to do it and why they imagine their efforts will work.

Blogs                                                                                                                             
WSJ | Fed’s Fisher Reiterates Support for Winding Down of Bond-Buying Stimulus
Federal Reserve Bank of Dallas President Richard Fisher reiterated his support Wednesday for the central bank’s effort to wind down its bond-buying stimulus program.