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Wednesday, October 8, 2014

Monetary

News                                                                                                                             
Fox Business | Fed's Dudley: Economy Appears to Be on Track for Mid-2015 Rate Hike
Federal Reserve Bank of New York President William Dudley said Tuesday the U.S. central bank can likely hold off on raising short-term interest rates until 2015 given the expected path of the economy.

Econ Comments & Analysis                                                                                            
Market Watch | The IMF’s $3.8 trillion warning to the Fed
A rocky exit from low interest rates by the Federal Reserve risks $3.8 trillion of losses to global bond portfolios, the International Monetary Fund warned Wednesday in its latest global financial stability report.
Investors.com | Our Economy's Real Problem: The Fed's Easy Money
Americans know that there is a serious problem in the economy. Incomes are stagnant, and the employment situation is not improving in a meaningful way.
Wall Street Journal | The Fed’s Mortgage Favoritism
Modern central banks enjoy extraordinary independence, typically operating free from political interference.