...credit markets and economic activity. I find it slightly ironic that I chose red, white and blue to highlight the text of the FOMC release as I do not believe what I am witnessing in the financial markets is anything close to patriotic. In fact, I find it...
...a reduction in the benchmark interest rate to as low as zero, according to minutes of the gathering released on Tuesday. The FOMC also considered increasing emergency loans that have doubled the Fed's balance sheet to $2.3 trillion in the past year. Policy...
...a serious national debate about inflation. When the Federal Reserve decided to lower interest rates to near zero last month, the FOMC statement said that, "In light of the declines in the prices of energy and other commodities and the weaker prospects...
...range of 0.0 percent - 0.25 percent and has few additional options from a traditional monetary policy perspective. The release of the FOMC's meeting minutes at 14:00 ET from December 16, when they slashed rates to a record low target range of 0.0 percent -...
...a reduction in the benchmark interest rate to as low as zero, according to minutes of the gathering released yesterday. The FOMC also considered increasing emergency loans that have doubled the Fed’s balance sheet to $2.3 trillion in the past year. Policy...
...Fed can do so only if (1) a super majority of the Board of Governors - not the Federal Open Market Committee, known as the FOMC - declares the need for such lending to be the consequence of "unusual and exigent" circumstances, and (2) such lending is done...
...significant negative contributions of net exports, as the global recession took hold more strongly. The question was, for how long? The FOMC staff forecast that things maybe things would pick up by 2010. âIn the forecast prepared for the meeting, the staff...
...Weak factory orders also are bad sign for future energy demand. Get stories by e-mail on this topic. The most bullish part of the FOMC minutes were the fears of deflation as the Fed will have no qualms about printing dollars to stir inflation. Of course as...
...to blast this one! And the Asshats still believe that NYC Real Estate market will be OK???!! Here is the "Oh No" taken from the FOMC minutes.. "Real GDP was projected to decline for 2009 as a whole and to rise at a pace slightly above the rate of potential...
...of minutes from the mid-December meeting of the Federal Reserve's rate-setting Federal Open Market Committee. See full story. The FOMC minutes "reminded markets of the Fed's fear about the extent of the recession and about deflation," wrote strategists...