Blinder & McTeer on Fed Cuts

Alan Blinder, former vice chairman of the Federal Reserve, Robert McTeer, former president of the Federal Reserve Bank of Dallas, Jim Bianco, president of Bianco Research, and Mike Ryan, head of wealth management research for the Americas at UBS Financial Services, talk about the Federal Reserve’s decision to lower the main U.S. interest rate by a quarter of a percentage point to 2 percent, the Fed’s communication about the U.S. economy and the outlook for Fed monetary policy.

 




Source:

Trims Rate to 2%, Signals Ready to Consider Pause
Craig Torres
Bloomberg, April 30 2008
http://www.bloomberg.com/apps/news?pid=20601068&sid=aFMety04E3Vc&

Category: Federal Reserve, Inflation

Raiding the 401(k)

Category: Economy, Investing, Markets, Psychology

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Category: Commodities, Consumer Spending, Energy, Politics

Tea and Subprime Sympathy Click

Category: Federal Reserve

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Category: Energy, Markets, Technical Analysis

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Category: M&A, Weblogs

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Category: Data Analysis, Employment, Weblogs

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Category: Legal, Real Estate, Taxes and Policy

Roach Sees Negative Growth in U.S. for Q2

– Stephen Roach, chairman of Morgan Stanley’s Asia division, talks with Bloomberg’s Deirdre Bolton about today’s report on U.S. economic growth, the implications of a weaker U.S. dollar and the outlook for economies in Asia and a recovery in the U.S. The Commerce Department said the U.S. economy expanded at a 0.6 percent annual pace in the first quarter, reflecting an increase in inventories as consumers retrenched and companies cut investment. (Source: Bloomberg)

Roach_bloomberg

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Source:
Roach Sees Negative Growth in U.S. for Second Quarter
Shobhana Chandra
Bloomberg, April 30 2008
http://tinyurl.com/4s7vjn

Category: Economy, Video

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Category: Corporate Management, M&A, Politics, Psychology