Karim writes: Bernanke gives his latest Congressional testimony and takes Q&A at 10am tomorrow. He’s unlikely to diverge much from the recent narrative and I
Not much progress here: Rising Deficits Pose Major Threat to Economy: Bernanke By Jeff Cox Feb 2 (CNBC) — Rising federal budget deficits are posing
The staff still expected that the pace of economic activity through 2011 would be sufficient to reduce the existing margins of economic slack, although the
[Skip to the end] Last week’s swap line number reported by the Fed was down to $521 billion from $608 billion. While still a very
[Skip to the end] Nothing a payroll tax holiday can’t fix in short order. Market tumbles further on Bernanke comments Wednesday October 15, 12:46 pm
[Skip to the end] Karim writes: Not a word you often see a Fed Chairman use: ….stabilization of our financial system is an essential precondition
[Skip to the end] Karim writes: Most of testimony explaining actions of recent weeks. Direct comments on economy below. Focus on enabling financial conditions to
[Skip to the end] The Fed has a major strategic advantage over private sector buyers. With the Fed making the loan, credit spreads in general
[Skip to the end] (an email exchange) Not even close! > > On Mon, Aug 25, 2008 at 11:54 PM, Russell wrote: > > I found Fischer’s
[Skip to the end] Karim writes: Overall tone->On hold->Economy to stay weak->Recognizes rates are low amid inflation risk->But no mention of acting in a timely