And the risk is headlines could get much worse after they cut. For example: ‘Oil prices rise as Fed rate cuts drive down the dollar’
Yet another shoe that didn’t fall. No business interruption, no change to aggregate demand, a relatively few layoffs over time, and this is a major
National Debt Grows $1 Million a Minute The Associated Press Monday 03 December 2007 Washington – Like a ticking time bomb, the national debt is
Dodd’s bill has similar goals to one passed by House lawmakers last month. It would enact stricter standards for subprime loans made to borrowers with
Profitable business plans are finding support from savvy investors profiting from ‘the great repricing of risk’. I call it the ‘too profitable to fail’ club,
Seems the fed now has some current evidence of how the discount rate can ‘cap’ year end funding costs for member banks if they remove
Pending Home Sales Total SA Pending Home Sales MoM (Oct) Survey -1.0% Actual 0.6% Prior 0.2% Revised 1.4% Speaks for itself. The fed has more
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
While Fed gov Fisher was correct in stating the Fed isn’t held hostage to market pricing of fed funds when it makes its decision, the
Reminds me of the guy who loves money and wants to abolish taxes. I do think the push is now for a stronger $, however,