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Hoover Daily Report by topic: Monetary Policy

March 26, 2010 | Bloomberg

Fed Officials Signal Asset Sales Will Play Bigger Role in Exit

Federal Reserve officials are moving toward a consensus that asset sales will play a more prominent role in their exit from the most expansive monetary policy in the central bank’s history. . . .

March 25, 2010 | New York Times (registration required)

Bernanke Hints at Timing of Exit Strategy

The Federal Reserve chairman, Ben S. Bernanke, hinted on Thursday that the central bank might be open to selling part of its huge portfolio of mortgage-backed securities when the time came to start tightening credit. . . .

March 26, 2010 | National Review

Chicago Does Socialism

Connect the dots of Obama’s first year in office, and an ugly picture emerges. . . .

March 25, 2010 | Economist (subscription required)

Tricky Dick and the dollar

Does Richard Nixon have anything to teach Barack Obama about economic diplomacy? . . .

March 24, 2010 | Associated Press (registration required)

Pressure growing on China to revalue currency

Pressure on China to allow its currency to rise in value against the dollar intensified Wednesday with a prominent economist telling Congress that the Obama administration should cite China and four other Asian economies as currency manipulators in a report due in April. . . .

March 25, 2010 | New York Times (registration required)

Fed Exit Fraught With Dangers, Monetary Experts Say

The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday, Reuters reports. . . .

March 25, 2010 | Reuters

Fed exit fraught with dangers, monetary experts say

The Federal Reserve has not been clear enough about how it intends to unwind its unprecedented monetary easing campaign, and some of the tools it expects to use may not work, monetary experts will tell Congress on Thursday. . . .

March 24, 2010 | New York Times (registration required)

China Says It Will Not Adjust Policy on the Exchange Rate

Despite mounting pressure in Congress for the Obama administration to declare China a currency manipulator, the Chinese government is giving no indication that it will change its exchange rate policy. . . .

March 25, 2010 | Wall Street Journal (subscription required)

U.S. Urged to Avoid Rash Steps on Yuan

A panel of currency experts urged Congress not to engage in drastic unilateral trade action in a bid to address the widely held perception that China is keeping its currency artificially low to boost exports. . . .

March 24, 2010 | Waterloo Courier (IA)

Former economic adviser, professor speaks at UNI

Government policy is to blame for the 2008 economic meltdown, a Stanford economic professor told a crowd in Cedar Falls Tuesday night. . . .