Monday, September 22, 2014


Fox Business | Philly Fed Chief Plosser to Retire in March 2015
Philadelphia Federal Reserve President Charles Plosser said Monday he will retire from his post on March 1, 2015.
Bloomberg | Draghi Says ECB Actively Managing Balance Sheet
The European Central Bank will actively manage its balance sheet and is willing to implement more stimulus if required to stave off the threat of deflation in the euro area, ECB President Mario Draghi said.
Wall Street Journal | Easy to Lose and Expensive to Produce: Is the Penny Worth It?
Americans place little value on the penny, and it's costing us millions each year.

Econ Comments & Analysis                                                                                            
Real Clear Marketes | The ECB's Failed Quantitative Easing Attempt Shows Its Irrelevance
The European Central Bank (ECB) believes that Europe's economy would improve if there were just more money floating around Europe, especially in the form of bank loans made to companies.
Daily Caller | The Return Of King Dollar
Maybe the U.S. economy, a weakling for the last six years, is finally starting to flex some muscle. We’re referring to the return of King Dollar.
Market Watch | Dudley: Fed keeping eye on U.S. dollar rally
The Federal Reserve doesn't target the value of the U.S. dollar but is paying attention to the currency's rally, New York Federal Reserve Bank President William Dudley said Monday.