Latest tsy tips results indicate ‘contained inflation expectations’ as well. I still have that nagging feeling that the 0 rate policy is highly deflationary and
On Dec 18, 2007 1:09 AM, Scott Fullwiler wrote: > Hi Warren > > A few questions on your take on fed funds market data–
(an interoffice email) > > > > Mkt did not like the Fed move today- IG9 went from 70 out to 78.75 after the >
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
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