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Wednesday, July 30, 2014

Monetary

News                                                                                                                             
Market Watch | U.S. inflation accelerates sharply in second quarter
Inflation as measured by the Federal Reserve's preferred price index surged in the second quarter to the highest annual rate in three years, potentially making the central's bank effort at managing the U.S. recovery more difficult.
WSJ | Regulator Wants Monitors in Deutsche Bank, Barclays U.S. Offices as Part of FX Probe
New York's banking regulator is pushing to install government monitors inside the U.S. offices of Deutsche Bank AG and Barclays PLC as part of an intensifying investigation into possible manipulation in the foreign-exchange market, according to people familiar with the probe.

Econ Comments & Analysis                                                                                            
Bloomberg | Fed Decision-Day Guide: QE Tapering to Inflation Debate
Here’s what to look for when the Federal Open Market Committee releases its policy statement at 2 p.m. today in Washington. Federal Reserve officials won’t provide new economic projections, and Chair Janet Yellen isn’t scheduled to give a post-meeting press conference.