Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009) and “The Coming Collapse of the Municipal Bond Market” (Aucontrarian.com, 2009…
Tag Archive for Fed Officials
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Fed Members Inclined to Stand Pat, for Now – NYTimes.com
by Newswires • • 0 Comments
WASHINGTON — Three members of the Federal Reserve’s policy-making committee indicated in separate speeches Wednesday that recent economic data, while troubling, does not yet justify an expansion of the Fed’s economic aid campaign. The remarks suggested that the committee, which meets in two weeks, would give increased consideration to such an expansion, but also that…
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Fed’s Williams: need ‘strong’ stimulus for "quite some time" – Reuters
by Newswires • • 0 Comments
Fed's Williams: need 'strong' stimulus for "quite some time"Reuters| SANTA BARBARA, California (Reuters) – With the US jobless rate "far too high," the Federal Reserve will need to keep its foot on the monetary gas pedal…
Economics, Liquidity Trader Complete
Fed Officials Confused, Contradictory- We Are Doomed
by Lee Adler • • 0 Comments
John Hilsenrath at the Wall Street Journal does a nice job of reviewing and summarizing the dueling speeches of 3 Fed officials today. Not only are they in disagreement about what the Fed should do next, they don’t even seem to be able to agree on what exactly the economy is doing. What else is…
