Posts filed under “Federal Reserve”

Category: Bailouts, Federal Reserve, Think Tank

Monetary Policy and the Economic Recovery

Monetary Policy and the Economic Recovery Chair Janet L. Yellen At the Economic Club of New York, New York, New York April 16, 2014       Nearly five years into the expansion that began after the financial crisis and the Great Recession, the recovery has come a long way. More than 8 million jobs…Read More

Category: Federal Reserve, Think Tank

Have GSEs Fully Repaid the Treasury?

Have the Government-Sponsored Enterprises Fully Repaid the Treasury? Larry D. Wall March 2014, Atlanta Fed     Have U.S. taxpayers been fully compensated for their bailout of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac? The Treasury is reported to have argued that “the value of Treasury’s commitment to the GSEs was “incalculably large,’”…Read More

Category: Credit, Federal Reserve, Think Tank

What the Federal Reserve is Doing to Promote a Stronger Job Market Chair Janet L. Yellen At the 2014 National Interagency Community Reinvestment Conference, Chicago, Illinois March 31, 2014     I am here today to talk about what the Federal Reserve is doing to help our nation recover from the financial crisis and the…Read More

Category: Employment, Federal Reserve, Think Tank

Liquidity Trap and Excessive Leverage

Category: Bailouts, Credit, Federal Reserve, Think Tank

Big Data in Finance: Sentiment-extraction from News

Using big data in finance: Example of sentiment-extraction from news articles Nitish Sinha FEDS Notes, March 26, 2014     There is much discussion and research in finance on using “big data” to understand market “sentiment.” In this note, I will draw on some of my own research in behavioral finance–Sinha (2010) and Heston and…Read More

Category: Data Analysis, Federal Reserve, Sentiment

Is the Tide Turning Back?

Is the Tide Turning Back? Globalization & Monetary Policy Institute International Economic Update Dallas Fed March 25, 2014       Enlarge Economic activity improved for the world during the second half of 2013 as year-over-year growth ticked up to 3 percent with acceleration in advanced economies. Advanced and emerging economies contributed evenly (Chart 1).[1]…Read More

Category: Economy, Federal Reserve, Think Tank

Stress Testing the Fed

Stress Testing the Fed Jens H.E. Christensen, Jose A. Lopez, and Glenn D. Rudebusch Federal Reserve Bank of San Francisco, March 24, 2014     The Federal Reserve has purchased a large amount of longer-term bonds since December 2008. While these purchases have helped support a strengthening economy, the Fed’s resulting financial position may incur…Read More

Category: Federal Reserve, Think Tank

Fed “Stress Test” Results

Zion’s Bank — really? Fed “Stress Test” Results Source: WSJ

Category: Credit, Digital Media, Federal Reserve

Kocherlakota’s Dissent

Statement on Kocherlakota Vote at March 19, 2014, Meeting of the Federal Open Market Committee Narayana Kocherlakota – President FOMC March 21, 2014     Note* I view the March 19 Federal Open Market Committee (FOMC) statement as an unusually significant one. In that statement, the FOMC adopted new forward guidance about the evolution of…Read More

Category: Federal Reserve, Think Tank