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Tuesday, July 29, 2014

Monetary

News                                                                                                                             
CNBC | Wall Street worries Fed's easing will 'end badly'
Wall Street isn't all that confident the Federal Reserve can end its easy money policies without a market crash, a recession or high inflation. In its July Fed Survey, CNBC asked Wall Street pros how the Fed's current policies will end and found market participants surprisingly divided.

Econ Comments & Analysis                                                                                            
CNBC | The Fed in denial
The United States Federal Reserve System is one of the most powerful governmental organizations in the history of the world. America's central bank has control over the supply of dollars, and currently exerts great influence over interest rates, both for short-term and long-term borrowing.

Blogs                                                                                                                             
WSJ | Grand Central: Tame Inflation Expectations a Trump Card for Fed’s Doves
Hawks on the policy committee will point to a declining jobless rate as reason to consider raising short-term interest rates in the months ahead to prevent the economy from overheating. They’ll also note that inflation has moved off its low levels near 1% from earlier this year, toward the Fed’s 2% target.