Federal Reserve
Federal Reserve Articles
The consensus among economists is that the Federal Reserve has run out of options to save the troubled American economy and collapsed stock markets. That may not be true, depending on how radically...
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Inflation may have caught hold in much of the developing world. It has certainly started to affect on the US economy. The Fed can argue that rates near zero are necessary to fuel growth and that any...
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The Federal Reserve barely cuts its forecast for GDP growth in this year and next. The agency estimated the economy will expand 2.7 percent to 2.9 percent this year, down from a forecast of 3.1 to...
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Ben Bernanke and the FOMC have decided to keep rates at roughly zero-percent all over again. The good news here is that we are seeing more hints that the end of QE2, quantitative easing, will not...
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The Federal Reserve issued one of the wonderfully detailed reports that only government agencies can create that tells Americans the extent of their poverty. The only weakness of the report is that...
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The Federal Reserve made a profit last year. It turned $79 billion of its $82 billion in “comprehensive income” over to the Treasury. The agency is an island of profit in the federal government...
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As you might have guessed ahead of time, Ben Bernanke and the FOMC decided to leave the target Fed Funds Rate unchanged at the 0.00% to 0.25% that has been in place for what now feels like the dawn...
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The Independent Evaluation Office of the International Monetary Fund issued its report on the IMF’s actions as the credit crisis unfolded. It argued that the IMF could have done a better job. The...
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The FOMC Minutes from the December 14, 2010 meeting are out, and you can forget the bulk of the commentary. This is about justification and rationalizing its second round of Quantitative Easing, or...
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The FOMC, as expected, has left the Fed Funds rate unchanged in another 10 to 1 vote. More important is the FOMC’s outlook on the economy, inflation, and on quantitative easing progress. Ben...
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Many of Ben Bernanke’s fellow Fed governors are sullen if not mutinous about the decision to buy in as much as $600 billion in US paper. Some consider it a road to inflation. Others believe that it...
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Want further proof of the reluctance of companies to hire? Well, here it is, or maybe not. Data released yesterday from The Federal Reserve showed that U.S. nonfinancial companies held $1.93...
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Verdict: Good There is no turning back now. The Federal Reserve plans to implement QE2 like it already said it would do two weeks ago. But, Ben Bernanke has proven once again that he will not be...
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Germany attacked the Federal Reserve’s QE2 program. So did China. And, so did most of the nations which have begun to prepare for the G 20 summit on November 11th and 12th in South Korea. The...
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We already got past the election news in a hurry. Now we know what the FOMC’s version of quantitative easing, or QE2 by many in the press, will look like. The Fed had been worried about...
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