For immediate release
Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improveme…
http://www.federalreserve.gov/newsevents/press/monetary/20111213a.htm
Release Date: December 13, 2011
For immediate release
Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding mo…
http://www.marketwatch.com/story/fed-minutes-show-talk-of-inflation-target-
2011-11-22?link=MW_latest_news
Nov. 22, 2011, 1:30 p.m. EST
Fed minutes show talk of inflation targets
By Steve Goldstein WASHINGTON (MarketWatch) – There isn’t enough suppo…
November 18, 2011
Bank Chief Rejects Calls to Rescue Euro Zone
By JACK EWING and NIKI KITSANTONIS
FRANKFURT — In his first speech as president of the European Central Bank, Mario Draghi complained on Friday that Europe’s political leaders h…
By guest contributor Ed Easterling
May 17, 2011
There is a skeptical gremlin perched on the left shoulder for many investors. He often sneers at notions of “cycles” and other presumably predictable periods. When the word “secular” accompanies t…
April 29, 2011
The March Personal Income and Outlays report was published today by the Bureau of Economic Analysis. The chart below shows the monthly year-over year change in the personal consumption expenditures (PCE) price index since 2000. I’ve a…
is left open by the language:
“regularly review the size and composition of its securities holdings in light of incoming information and is prepared to adjust those holdings as needed to best foster maximum employment and price stability.”
(link)
…
The Fed’s anointed ones in the media and in the earlier release of the TBAC statement this morning said that the Fed would do $100…
…woops, the frontrunners of the Feds QE2 bought the wrong stuff! Uh oh, that’s not good.
http://www.bloomberg.com/news/2010-10-28/bank-of-japan-to-buy-lowered-rated-corporate-
debt-to-spur-economic-growth.html
The Bank of Japan plans to buy corpor…
Every time I hear about the Fed dual mandate I feel it’s part of some kind of “find hidden words” game. The real thing is not what they say
The dual mandate says “maintain price stability” and “empower the maximum employment”. Immediately confusing, because I see nothing dualistic here. It never happened in history of any […]
