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	<title>MacroScope</title>
	
	<link>http://blogs.reuters.com/macroscope</link>
	<description>Shining a light on the dismal science</description>
	<lastBuildDate>Wed, 19 Jun 2013 14:00:43 +0000</lastBuildDate>
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		<title>Why low inflation may not prevent the Fed from reducing QE</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/19/why-low-inflation-may-not-prevent-the-fed-from-reducing-qe/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/19/why-low-inflation-may-not-prevent-the-fed-from-reducing-qe/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 14:00:43 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[2 percent target]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[central banking]]></category>
		<category><![CDATA[disinflation]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[inflation target]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[PCE]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10577</guid>
		
			<content:encoded><![CDATA[Low inflation may not be enough to keep the Fed from tapering its bond-buying stimulus in coming months.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/19/why-low-inflation-may-not-prevent-the-fed-from-reducing-qe/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Back to banking union</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/19/back-to-banking-union/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/19/back-to-banking-union/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 07:01:12 +0000</pubDate>
		<dc:creator>Mike Peacock</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[Bank of England]]></category>
		<category><![CDATA[BANKING UNION]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[ben bernanke]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[euro zone]]></category>
		<category><![CDATA[European Central Bank]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[george osborne]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[imf]]></category>
		<category><![CDATA[mervyn king]]></category>
		<category><![CDATA[spain]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10570</guid>
		
			<content:encoded><![CDATA[Barack Obama and Angela Merkel hold talks today.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/19/back-to-banking-union/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>U.S. job market still in need of a jolt</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/18/u-s-job-market-still-in-need-of-a-jolt/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/18/u-s-job-market-still-in-need-of-a-jolt/#comments</comments>
		<pubDate>Tue, 18 Jun 2013 14:27:58 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[economic data]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[goldman sachs]]></category>
		<category><![CDATA[hiring]]></category>
		<category><![CDATA[jobless rate]]></category>
		<category><![CDATA[jolts]]></category>
		<category><![CDATA[labor market]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10559</guid>
		
			<content:encoded><![CDATA[U.S. hiring remains anemic despite recent improvement in overall labor market conditions.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/18/u-s-job-market-still-in-need-of-a-jolt/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The chairman’s challenge: Bernanke says ‘taper,’ markets hear ‘tighten’</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/18/the-chairmans-challenge-bernanke-says-taper-markets-hear-tighten/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/18/the-chairmans-challenge-bernanke-says-taper-markets-hear-tighten/#comments</comments>
		<pubDate>Tue, 18 Jun 2013 13:01:24 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[asset buys]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[bubbles]]></category>
		<category><![CDATA[central banking]]></category>
		<category><![CDATA[communications]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[financial stability]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[QE3]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[rate hikes]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10551</guid>
		
			<content:encoded><![CDATA[Bernanke has a communications problem: how to convey to financial markets that an easing off the current pace of stimulus is not the prelude to an abrupt monetary tightening.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/18/the-chairmans-challenge-bernanke-says-taper-markets-hear-tighten/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What’s a Fed to do? Taper talk persists despite missed jobs, inflation targets</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/17/whats-a-fed-to-do-taper-talk-persists-despite-missed-jobs-inflation-targets/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/17/whats-a-fed-to-do-taper-talk-persists-despite-missed-jobs-inflation-targets/#comments</comments>
		<pubDate>Mon, 17 Jun 2013 18:48:28 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[dual mandate]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[forecasts]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[quantitative easing]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10538</guid>
		
			<content:encoded><![CDATA[The Fed this week will discuss a reduction in monetary stimulus, even though it continues to fall short on both sides of its mandate.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/17/whats-a-fed-to-do-taper-talk-persists-despite-missed-jobs-inflation-targets/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>“This was really eye-opening for me”: Fed’s Raskin shocked at low quality of work at local job fair</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/17/this-was-really-eye-opening-for-me-feds-raskin-shocked-at-low-quality-of-work-at-local-job-fair/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/17/this-was-really-eye-opening-for-me-feds-raskin-shocked-at-low-quality-of-work-at-local-job-fair/#comments</comments>
		<pubDate>Mon, 17 Jun 2013 13:07:57 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[benefits]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[health]]></category>
		<category><![CDATA[job fair]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[jobs crisis]]></category>
		<category><![CDATA[quality]]></category>
		<category><![CDATA[raskin]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10532</guid>
		
			<content:encoded><![CDATA[Fed Governor Raskin was stunned by the low quality of jobs offered at an employment fair near her home recently.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/17/this-was-really-eye-opening-for-me-feds-raskin-shocked-at-low-quality-of-work-at-local-job-fair/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>G8 — plenty to worry about</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/17/g8-plenty-to-worry-about/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/17/g8-plenty-to-worry-about/#comments</comments>
		<pubDate>Mon, 17 Jun 2013 07:34:16 +0000</pubDate>
		<dc:creator>Mike Peacock</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[euro zone]]></category>
		<category><![CDATA[European Central Bank]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[G8]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Samaras]]></category>
		<category><![CDATA[spain]]></category>
		<category><![CDATA[Turkey]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10527</guid>
		
			<content:encoded><![CDATA[Group of Eight leaders meet as markets hit stormy period.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/17/g8-plenty-to-worry-about/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A week to reckon with</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/14/a-week-to-reckon-with/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/14/a-week-to-reckon-with/#comments</comments>
		<pubDate>Fri, 14 Jun 2013 12:45:33 +0000</pubDate>
		<dc:creator>Mike Peacock</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[BANKING UNION]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[emerging markets]]></category>
		<category><![CDATA[Eurogroup]]></category>
		<category><![CDATA[European Central Bank]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[G8]]></category>
		<category><![CDATA[george osborne]]></category>
		<category><![CDATA[germany]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[mervyn king]]></category>
		<category><![CDATA[Norway]]></category>
		<category><![CDATA[Switzerland]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[Turkey]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10515</guid>
		
			<content:encoded><![CDATA[Security high for G8 summit in Northern Ireland]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/14/a-week-to-reckon-with/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What’s in a (trend payrolls) number? The Chicago Fed paper that shook the markets, ever so slightly</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/13/whats-in-a-trend-payrolls-number-the-chicago-fed-paper-that-shook-the-markets-ever-so-slightly/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/13/whats-in-a-trend-payrolls-number-the-chicago-fed-paper-that-shook-the-markets-ever-so-slightly/#comments</comments>
		<pubDate>Thu, 13 Jun 2013 18:11:35 +0000</pubDate>
		<dc:creator>Pedro da Costa</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[asset purchases]]></category>
		<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[central banking]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[goldman sachs]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[labor force participation]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[payrolls]]></category>
		<category><![CDATA[QE3]]></category>
		<category><![CDATA[tapering]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10501</guid>
		
			<content:encoded><![CDATA[Don't be alarmed: Fed rate hikes are likely still years away.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/13/whats-in-a-trend-payrolls-number-the-chicago-fed-paper-that-shook-the-markets-ever-so-slightly/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Yellen likely to replace Bernanke at Fed, but beware “overwhelming” top picks</title>
		<link>http://blogs.reuters.com/macroscope/2013/06/12/yellen-likely-to-replace-bernanke-at-fed-but-beware-overwhelming-top-picks/</link>
		<comments>http://blogs.reuters.com/macroscope/2013/06/12/yellen-likely-to-replace-bernanke-at-fed-but-beware-overwhelming-top-picks/#comments</comments>
		<pubDate>Wed, 12 Jun 2013 15:29:26 +0000</pubDate>
		<dc:creator>Ross Finley</dc:creator>
				<category><![CDATA[MacroScope]]></category>
		<category><![CDATA[ben bernanke]]></category>
		<category><![CDATA[economists]]></category>
		<category><![CDATA[federal reserve]]></category>
		<category><![CDATA[federal reserve board chairman]]></category>
		<category><![CDATA[forecasting]]></category>
		<category><![CDATA[janet yellen]]></category>
		<category><![CDATA[reuters poll]]></category>
		<category><![CDATA[Reuters polls]]></category>

		<guid isPermaLink="false">http://blogs.reuters.com/macroscope/?p=10486</guid>
		
			<content:encoded><![CDATA[But it is worth noting one spectacularly wrong call from recent history.]]></content:encoded>
			<wfw:commentRss>http://blogs.reuters.com/macroscope/2013/06/12/yellen-likely-to-replace-bernanke-at-fed-but-beware-overwhelming-top-picks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
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