Posts filed under “Federal Reserve”

Interview: Mark Gertler

Interview

Category: Federal Reserve, Inflation, Think Tank

Restoring Confidence in Reference Rates

Restoring Confidence in Reference Rates October 2, 2014 William C. Dudley, President and CEO, NY Fed Remarks at NYU Stern School of Business, New York City       Thank you for the opportunity to speak with you today.1 In my remarks today, I will focus on the development and use of reference rates for…Read More

Category: Federal Reserve, Fixed Income/Interest Rates, Think Tank

Why the Fed Is So Wimpy

Why the Fed Is So Wimpy John Mauldin October 1, 2014     Another in what seems to be a small parade of scandals involving secretly recorded tapes of Federal Reserve regulators emerged last week. What a number of writers (including me) have written about regulatory capture over the past decade was brought out into…Read More

Category: Federal Reserve, Think Tank

Analyzing Dips in the S&P’s Path

Bloomberg’s Michael Regan reports on stock market fluctuations and what they mean for investors.


Source: Bloomberg, Sept. 25 2014

Category: Federal Reserve, Hedge Funds, Technical Analysis, Video

FOMC dissents from 1936 until 2013

Source: St. Louis Fed

Category: Digital Media, Federal Reserve

The Fed and the Media

The Fed and the Media David R. Kotok September 18, 2014   We know the Fed meeting results; the coverage has been exhaustive. Note that the new “dots” analysis of the median dot now points to an expected 1.375% Fed Funds target rate by the end of 2015. (See Craig Torres’ report on the FOMC.)…Read More

Category: Federal Reserve, Financial Press, Think Tank

When and How To Exit Quantitative Easing?

Category: Federal Reserve, Think Tank

What Happens if the FOMC Gets Too Hawkish?

Source: Deutsche Bank Securities   Torsten Slok, chief international economist for Deutsche Bank AG, warns about the hawks on the Federal Open Market Committee getting too, well, hawkish. The flowchart above shows the different transmission mechanisms of monetary policy. Slok uses it to highlight the widening spread between investment-grade and high-yield junk bonds. If and…Read More

Category: Digital Media, Federal Reserve

The ABCs of ECB’s QE

Source: Bespoke Investment Group     The European Central Bank announced its latest — and belated — program of quantitative easing last week. The ECB made fresh commitments to buy a series of asset-backed securities (ABS), various bonds and expanded its previously announced Long-Term Refinancing Operations (LTROs). The ECB’s brand of quantitative easing is an…Read More

Category: Bailouts, Digital Media, Federal Reserve

Seeds of U.S. Inflation Are Sprouting . . .

The Seeds of U.S. Inflation Have Sprouted and Could Be in Full Flower in 2016 Paul Kasriel September 8, 2014   I subscribe to the tenet espoused by the late Professor Milton Friedman that inflation is a monetary phenomenon. When I speak of inflation, I include not only the behavior of prices of goods and…Read More

Category: Economy, Federal Reserve, Inflation, Think Tank