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Friday, May 2, 2014

Monetary

News                                                                                                                             
Bloomberg | Yellen Fed Resigns Itself to Diminished Growth Expectations
Federal Reserve Chair Janet Yellen and her colleagues have lowered their sights on how fast the economy needs to expand to meet their goal of cutting unemployment.

Blogs                                                                                                                             
WSJ: Real Time Economics | Rising Food Prices May Cause Consumer Indigestion
The price index for food bought to eat at home increased a large 0.5% in both February and March.