Oil Jump Presents Conundrum for Fed
By Luca Di Leo, WSJ.com
Two top Federal Reserve officials on Monday offered conflicting views on the right response to higher oil prices, kicking off what’s likely to be a lively debate within the central bank.
http://jlne.ws/g6J62w
Bill Gross: Of Course The Wealthy Should Pay Higher Taxes Corporations Too
Yahoo! Finance
Add PIMCO founder Bill Gross to the list of wealthy Americans who think they aren't being taxed enough, already. "Of course we should" pay higher taxes, Gross says. "Higher income groups have enjoyed an enormous privilege ever since the Reagan tax cuts...and actually ever since Kennedy began the process back in the ‘60s."
http://jlne.ws/fxSnSH
Coming hike shows Germany runs ECB Marsh on Monday
By David Marsh, MarketWatch
It’s happening quicker than I thought. Last Thursday’s stronger-than-expected statement on inflation from Jean-Claude Trichet, the European Central Bank president, paves the way for Europe to start monetary tightening next month, compared with the timing of May or June that I predicted last week
http://jlne.ws/hDunvk
Egypt's foreign reserves plunge $1.7 bln in Feb
Financial Times
http://jlne.ws/dMrvh1
The ECB and Greek collateral
Financial Times
http://jlne.ws/hQRQlh
Fannie Mae says to sell $1 bln bills on Wednesday
Reuters
Fannie Mae, the largest U.S. home funding company, said on Monday it plans to sell $1 billion bills on Wednesday, March 9.
http://jlne.ws/hhsZeV
Portugal Looks More Likely to Join Greece, Ireland in Euro-Zone ICU
By Mark Brown, WSJ.com
Yields on Portugal’s 10-year bonds hit a euro-era high of 7.5% Monday as bond markets predicted that Portugal will follow Ireland and Greece and become the next euro-zone country to ask for financial support.
http://jlne.ws/ho5bk8
Moody's cuts Greece's credit rating amid fears that it will end up having to restructure debt
By Pan Pylas, The Associated Press
Greece launched a tirade against credit ratings agencies Monday after Moody's downgraded its debt grade further below junk status, warning the bailed-out euro country might have to default on its massive borrowings.
http://jlne.ws/f0Zz7H
Trichet: Central Banks Eyeing Inflation
BY NINA KOEPPEN AND NATHALIE BOSCHAT, WSJ.com
Central banks across the world are ready to do whatever it takes to avert a sustained increase in inflation expectations, European Central Bank President Jean-Claude Trichet said Monday.
http://jlne.ws/h0yEF2
Velocity of Federal Reserve deposits
Econbrowser
I've been emphasizing that the U.S. Federal Reserve has not been printing money in the conventional sense of creating new dollar bills that have ended up in anybody's wallets. Instead, the Fed has been creating new reserves by crediting the accounts that banks maintain with the Fed. Today I'd like to offer some further observations on how those reserve balances mattered for the economy historically, how they matter in the current setting, and how they may matter in the future.
http://jlne.ws/hccwWn
CME disagrees with S&P's safeguard concerns
CME Group Inc (CME.O), the world's largest derivatives exchange operator, said it disagrees with ratings agency Standard & Poor's decision to put the company's debt rating on CreditWatch Negative over a new plan to cut trading costs.
http://jlne.ws/gSfhpB
Bond Investors Step Up as Trustees Balk
BY RUTH SIMON AND DAN FITZPATRICK, WSJ.com
Forget it. We'll do it ourselves. That's the position being taken by some bond investors as they seek to recoup their losses from mortgages that were packaged into securities and then went bad.
http://jlne.ws/fvhkbH
US fiscal reality ignored by ‘starving the beast’
By Robin Harding in Washington - Financial Times
The current debate on US fiscal policy has been shaped by two manoeuvres from the past decade: a dose of “starving the beast” early in the decade, followed by the stimulus acts of 2008 and 2009. That sequence has turned out to matter a great deal. The result looks like a political triumph for small-government advocates of “starving the beast”: cutting taxes in order to force future cuts in spending.
http://jlne.ws/hPECju
Bar to be raised for EU bank stress test
By Patrick Jenkins and Brooke Masters in London - Financial Times
European banking regulators are preparing to introduce a “near fail” category into the new stress test process as part of a mechanism to force recapitalisations on weaker banks.
http://jlne.ws/gCAYPq
White House battles to fill jobs
By Tom Braithwaite in Washington - Financial Times
The White House is struggling to fill key financial posts in the administration as a combination of Senate opposition and candidates’ reluctance to join up leaves critical positions empty.
http://jlne.ws/e0k23H
Banks tell Mervyn King they have changed
Reuters Finance News (EU) via Yahoo! UK & Ireland Finance
Britain's banks said on Saturday they had made their businesses safer, clashing with Bank of England Governor Mervyn King who warned about the risk of a fresh financial crisis in an outspoken interview.
http://jlne.ws/hMLzFS
British Bankers' Association Statement On Remarks By The Bank Of England Governor
Press Release
http://jlne.ws/hq9bwV
Tidak ada komentar:
Posting Komentar