Posts filed under “Federal Reserve”

PARSING THE FED

The online WSJ writes:

THE FED’S STATEMENTS reflect how the members of the central bank’s Federal Open Market Committee perceive the economy. The slightest changes are scrutinized for clues about where interest rates may be headed. With Greenspan stepping down and Bernanke set to replace him, January’s statement will be read particularly closely.

The Jan. 31 statement announced that the Fed was raising its key short-term interest rate by one-quarter point to 4.5%, its 14th increase in a row. In a sign that rate increases may be nearing an end, the Fed also removed the word "measured," which had come to signal steady quarter-point increases ahead. Below is a look at differences between the January statement and the December one.

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Click for larger graphic
Infofedparse0601

courtesy of WSJ

 

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Source:
PARSING THE FED
One More for the Road
WSJ, Jan. 31, 2006
http://online.wsj.com/documents/info-fedparse0601.html

Category: Federal Reserve

New Column: Myths of the Greenspan Era

Category: Federal Reserve

Myths of the Greenspan Era

Myths of the Greenspan Era Barry Ritholtz 01/31/06 – 11:08 AM EST http://www.thestreet.com/story/10265345/myths-of-the-greenspan-era.html ~~~ The 18-plus-year tenure of Federal Reserve Chairman Alan Greenspan finally comes to an end today. The buildup to his retirement has become the largest love-fest since Woodstock. I won’t review any of the accolades or criticisms that have become so ubiquitous…Read More

Category: Federal Reserve

Free Lunch: Myths of the Greenspan Era

Category: Federal Reserve

Chart of the Week: 10 year Treasury 1974-2006

Category: Federal Reserve, Fixed Income/Interest Rates

Has the Fed Kept Inflation in Check?

Category: Currency, Federal Reserve, Inflation

Danger time?

Category: Economy, Federal Reserve, Real Estate

Category: Federal Reserve, Financial Press, Fixed Income/Interest Rates

NFP & Operation Quicksilver

Category: Economy, Federal Reserve

Fed Minutes

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation