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Tuesday, June 3, 2014

Monetary

News                                                                                                                             
Bloomberg | Slowing Euro Inflation Puts Pressure on Central Bank
Euro-area inflation slowed more than economists forecast in May, cranking up pressure on the European Central Bank to deploy measures as soon as this week to kindle prices and drive growth.

Blogs                                                                                                                             
WSJ | Why It’s Too Early to Hit the Inflation Panic Button
One of the most popular guessing games among financial policymakers, journalists and investors is trying to figure out when inflation has ticked up enough to trigger an interest rate hike by the Fed. Unlike most games, however, the outcome of this one was major real-world consequences.
WSJ | Interest Rates Might Be Higher If Monetary Policy Spoke with a Texas Twang
The Lone Star State is firmly integrated into the broader U.S. economy, including national monetary policy. Dallas is home to one of the Federal Reserve’s 12 regional banks, and the Dallas Fed’s president, Richard Fisher, is an active member of the Fed’s policy-making committee.