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Tuesday, May 6, 2014

Monetary

News                                                                                                                             
Market Watch | Banks keeping mortgage standards tight
Banks are not making it easier for potential home buyers, a Federal Reserve senior loan officer survey released Monday showed.
WSJ | U.S. Banks Expect Credit-Card Lending to Return to Healthier Growth Rates
U.S. banks expect credit-card lending to return to healthier growth rates this year, according to a new Federal Reserve survey that showed credit conditions in key areas of the economy shaking off the recession's aftershocks.

Econ Comments & Analysis                                                                                            
WSJ | The Feds Target Money Managers
Don't look now, but federal regulators are poised to take the worst features of the U.S. banking system and impose them on large managers of mutual funds. The result is likely to be more risk for taxpayers and more costs for investors.