Fed finally gets it?, continued..
Just noticed that as well as limiting the size of the auction, the Fed is limiting tenders from any one insitution to 10% of the
December 19, 2007
Just noticed that as well as limiting the size of the auction, the Fed is limiting tenders from any one insitution to 10% of the
The Fed was finally successful in cutting the fed funds/libor spread with a glorified 28 day repo, after failing to narrow the spread with 100
The Trillion Dollar Day Yesterday, $1.048 trillion dollars was printed out of thin air, which gave the globe its first Trillion Dollar Day. Everyday, all
Thanks, Dave, my thought are the Fed will also ‘do what it takes’ which means setting price and letting quantity for term funding float. The
Good to see the ECB seems to understand it’s about price and not quantity. The reporter isn’t quite there, however. Maybe when the smoke clears
On Dec 18, 2007 1:09 AM, Scott Fullwiler wrote: > Hi Warren > > A few questions on your take on fed funds market data–
Thanks Pat, good report. Yes, the Fed knows the assets won’t go away, and all they want is to see funding spreads narrow to help
Housing Starts (Nov) Survey 1176K Actual 1187K Prior 1229K Revised 1232K Building Permits (Nov) Survey 1150K Actual 1152K Prior 1178K Revised 1170K While housing is
Currency TERM Today Monday Friday Thursday Wednesday Tuesday USD ON 4.40 4.4175 4.3025 4.30 4.34 4.4325 1M 4.94875 4.965 4.99625 5.0275 5.1025 5.20375
Current Account Balance (3Q) Survey -$183.3B Actual -$178.5B Prior -$190.8B Revised -$188.9B Empire Manufacturing (Dec) Survey 20.0 Actual 10.3 Prior 27.4 Revised n/a Net Long-term