Note they’ve also added the international arrangements as per my discussion earlier today. The same recommendations suggested in August. 7 Lending by the Federal Reserve
(an interoffice email) > – any chance they would take discount window rate down intra-meeting (or before year end) seems they don’t have to with
looks a lot like the recommendations Karim emailed to them: An article in the Financial Times: Fed officials have dusted down this proposal and adapted
(an email with Randall Wray) On Dec 11, 2007 10:49 PM, Wray, Randall <WrayR@umkc.edu> wrote: > Warren: very respectfully, I suggest you might reconsider both
(an interoffice email) Thanks, and good call! > > > > Many I spoke to post-fomc talked about an intermeeting ease on the discount >
Roubini totally doesn’t get it. The point of CB intervention is to keep interest rates at their target rates, not to provide funds for lending,
(an interoffice email) > > > > Mkt did not like the Fed move today- IG9 went from 70 out to 78.75 after the >
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
Labor markets remain stronger than expected, right up through this morning’s Manpower survey for next quarter. Inflation risks remain elevated, with estimates of 1.5% PPI
Bernanke stated he was watching the labor markets closely, right up to the meeting, and the latest survey further confirms its holding up at least