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Tuesday, September 9, 2014

Monetary

News                                                                                                                             
Wall Street Journal | Fed to Hit Biggest U.S. Banks With Tougher Capital Surcharge
The Federal Reserve plans to hit the biggest U.S. banks with a costly new requirement aimed at reducing the risk that some financial firms remain "too big to fail" nearly six years after the financial crisis erupted.

Blogs                                                                                                                             
Economics 21 | The Case for the Gold Standard
There has not been one instance in history where active monetary management has advanced an economy.” So goes the bold claim in the new book by Steve Forbes and Elizabeth Ames, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It.
Wall Street Journal | Have Markets Become More Dovish Than the Fed?
Investors may be growing a little too comfortable with the prospect that Federal Reserveofficials will leave interest rates near rock-bottom lows for the foreseeable future, according to a research note from the San Francisco Fed published Monday.