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What’s on the Docket for Global Central Banks This Year?

Central-banking fans have a new tool to help them plan the rest of the year.
The Journal has created an interactive Global Central Banks Calendar, a database of coming releases by major central banks including the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan.

Source: http://blogs.wsj.com/economics/2014/08/19/whats-on-the-docket-for-global-central-banks-this-year/?mod=marketbeat

Construction is Major Weakness in French Stagnation

Metal support poles sit stacked as construction workers hammer wood in France.
Bloomberg News

Patrick Liébus has sent employees at his roofing firm in s

Source: http://blogs.wsj.com/economics/2014/08/14/construction-is-major-weakness-in-french-stagnation/?mod=WSJ_EC_RT_Blog

RBI’s Rajan Sees Risk of Financial Markets Crash

Reserve Bank of India Governor Raghuram Rajan warned Wednesday that the global economy bears an increasing resemblance to its condition in the 1930s, with advanced economies trying to pull out of the Great Recession at each other’s expense.
The difference: competitive monetary policy easing has now taken the place of competitive currency devaluations as the favored tool for playing a zero-sum game that is bound to end in disaster. Now, as then, “demand shifting” has taken the place of “demand creation,” the Indian policymaker said.

Source: http://blogs.wsj.com/economics/2014/08/06/rbis-rajan-sees-risk-of-financial-markets-crash/?mod=WSJBlog
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