...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...
...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 -...
...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...
...the year and now sees the economy contracting for the entire period, reversing earlier forecast of a second half rebound. Indeed, the FOMC predicts that employment will continue to weaken until 2010 which will prevent the economy from gaining traction until...
...once again that investors are (for now) willing to be patient with worsening economic fundamentals. The minutes of the last FOMC meeting seemed to reassure the markets that the Committee would keep their collective feet on the monetary gas pedal for as long...
...of the Dec. 16 Federal Open Market Committee meeting are scheduled for release at 2 p.m. in Washington. At that session, the FOMC reduced its target rate for overnight loans between banks to zero to 0.25 percent, the lowest level on record. The panel also...
...0.0 percent - 0.25 percent and has few additional options from a traditional monetary policy perspective. The 14:00 ET release of the FOMCâs meeting minutes from December 16, when they slashed rates to a record low target range of 0.0 percent - 0.25 percent,...
...that in the details below. First, the circulatory trap will develop as follows: The consequence of the "all in" approach of the FOMC is the problem. The already obvious decline in value of the dollar versus foreign currencies has produced added risks in otherwise...