Tuesday, August 19, 2014


Fox Business | Consumer Prices Tick Higher in July
U.S. consumer prices barely rose in July as declining energy costs partially offset increases in food and rents, which could give the Federal Reserve ammunition to keep interest rates low for a while.

Wall Street Journal | Grand Central: Fed’s Exit Strategy Quietly Taking Shape As September Meeting Approaches
Federal Reserve officials have been making progress on developing a blueprint for the mechanics of future interest rate increases, a project that has occupied much of the agenda of their past three policy meetings. This puts officials in a position to make some decisions on “how” they will raise interest rates– as opposed “when”– by their September meeting.
Market Watch | Fed says SEC money-market rule could spark, not reduce, runs
A new Securities and Exchange Commission rule designed to reduce runs in the money-market mutual-fund industry could instead spark them, the New York Federal Reserve said Monday.