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
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
Agree, if food/crude/import&export prices keep rising, there will be serious fireworks between congress and the fed. This will include blaming the fed for the high
(email with Randall Wray) On Dec 15, 2007 9:05 PM, Wray, Randall wrote: > By ________ > > This time the magic isn’t working. >
There seems to be an alternative to the discount stigma – is the liquidity problem too big for (orthodox) central banks? The Federal Home Loan