[Skip to the end] Bernanke’s Cash Injections Risk Eclipse of Fed’s Benchmark Rate By Craig Torres Bernanke said in a congressional hearing yesterday that the
Crisis may make 1929 look a ‘walk in the park’ Telegraph by Ambrose Evans-Pritchard As central banks continue to splash their cash over the system,
Food, crude, metals up, dollar down, inflation up all over the world, well beyond CB ‘comfort levels.’ Nov new home sales continue weak, though there
Looks like markets are still trading with the assumption that as the Saudis/Russians hike prices the Fed will accommodate with rate cut. That’s a pretty
The Fed was finally successful in cutting the fed funds/libor spread with a glorified 28 day repo, after failing to narrow the spread with 100
I’m lost for an explanation as to whey the Fed ignored the year end liquidity issue entirely, after alluding to it in various speeches and
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