Here’s how Congress sees it…
Congress sees their voters facing prices that are rising faster than incomes due to Fed rate cuts driving the $ down. Bernanke testifies that price
March 3, 2008
Congress sees their voters facing prices that are rising faster than incomes due to Fed rate cuts driving the $ down. Bernanke testifies that price
(an interoffice email) Yes, and he reaffirmed that he’s using the futures prices to predict where prices are going. He pointed to crude being at
Mercantilism is alive and well Most telling statement when asked about what he wanted for the economy- moderate domestic consumption, more investment, and more exports
Bernanke may be reminded of the reason the dual mandate includes inflation – voters don’t like inflation even more than they don’t like unemployment. As
Dear Philip, Seems there’s a break between Mishkin and Kohn that previously wasn’t there. Markets are thinking Kohn supports a 50 cut and that he
Fed Sees Rate Low `for a Time’ Then Possible Reversal (Update1) by Scott Lanman (Bloomberg) Federal Reserve officials signaled they are prepared to quickly reverse
As you know, financial markets in the United States and in a number of other industrialized countries have been under considerable strain since late last
If inflation is now above Bernanke’s comfort zone, as per Yellen who has been more dovish than Bermanke, and above their long-term target of maybe
Yes, the below analysis has also been the Fed’s position, up until this week’s speeches. It’s been about a crude/food/$ negative supply shock, supported by
Oil prices jump after Bush, Congress reach agreement on economic stimulus plan by John Wilen Oil futures jumped more than $2 a barrel Thursday after