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Tuesday, December 2, 2014

Monetary

News                                                                                                                             
Bloomberg | Central Banks Likely to Stay Easy in 2015 as Normalcy Is Elusive
The world’s central bankers could be forgiven for thinking that things are never going to get back to normal. More than six years after the financial crisis plunged the world into recession, monetary policy looks nothing like it did before those events.
Market Watch | Fed closer to getting rid of considerable time language: Fischer
The U.S. central bank was closer to getting rid of its forward guidance that interest rates would be kept close to zero for a "considerable time," said Federal Reserve Vice Chairman Stanley Fischer on Tuesday.