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Wednesday, June 25, 2014

Monetary

Econ Comments & Analysis                                                                                            
Market Watch | Draghi’s monetary blitz has failed to lift euro zone
The build-up was intense. The hype was overwhelming. The anticipation was growing. But the actual performance? So far, very disappointing.
Mercatus | Testimony Before the House Committee on Financial Services
In gathering to discuss the past and uncertain future of the US Export-Import Bank, we have a rare opportunity to reconsider the assumptions, mission, and activities of the federal government’s official export credit corporation ahead of the reauthorization vote. In order to make the best decision, however, policymakers must know all the facts.

Blogs                                                                                                                             
WSJ | Dudley: Fed Rate Outlook Depends on Economy
Federal Reserve Bank of New York President William Dudley said Tuesday the market’s view that the U.S. central bank will first raise rates in the middle of next year is reasonable.