[at New York Times] – The former vice chairman of the Federal Reserve, who retired last week after 40 years at the central bank, says that the economy is in a slow slog out of a very deep hole, and that the Fed should consider additional stimulus unless the recovery shows signs of decent progress.

[at BusinessWeek] – The new research office to be set up within Treasury has broad powers, so much so that some are calling it the CIA of finance

[Reuters] – The Federal Reserve should not announce a limit on its actions if it resumes purchases of Treasury securities to stimulate the U.S. economy, the former vice chairman of the central bank said.

[at Reuters] – * Fed should not specify limit on actions, says Kohn * Former Fed vice chair sees slow slog recovery * Fed should act if recovery continues to slow-Kohn

[at Reuters] – * 2010 IPCA forecasts kept unchanged at 5.07 pct * Brazil s GDP seen growing 7.34 pct in 2010 vs 7.09 pct