1. Fed released its much-anticipated FOMC minutes that include Fed projections,outlook etc. WSJ Blog points to initial thoughts (more here), economists’ reactions.
Econbrowser as usual has interesting thoughts on the same.
2. MR points that according to latest data analysis, number of AIDS patients in the world has been revised much lower.
3. Mankiw points to Milton Friedman Choir.
4. Fin Prof providessome relief to all those people employed at securities firms who would be worried about year-end bonuses
5. Ajay Shah on 13th finance commission. He also saystime to move on MIFC project before Qatar and Dubai catch-up. I still maintain my reservations on MIFC.
6. TTR feels banking sector would continue to be healthy despite sub-prime mess.