Thursday, August 7, 2014


Bloomberg | ECB Holds Rates as Ukraine Turmoil Menaces Recovery Hopes
The European Central Bank kept interest rates unchanged at record lows as the Ukraine crisis strengthened the headwinds facing the euro area’s recovery.
Federal Reserve Board | Federal Reserve: Press Release
In its new Report on the Economic Well-Being of U.S. Households, the Federal Reserve Board provides a snapshot of the self-perceived financial and economic well-being of U.S. households and the issues they face, based on responses to the Board's 2013 Survey of Household Economics and Decision making.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Don't Be Fooled: The Fed's Exit Won't Be Easy
Yellen is betting that growth will rebound before a rise in inflation forces a Fed tightening to cut the inflationary excess supply of cash.
WSJ | Dodd-Frank Goes 0 for 11
Regulators admit they think giant banks are still too big to fail.