And the risk is headlines could get much worse after they cut. For example: ‘Oil prices rise as Fed rate cuts drive down the dollar’
National Debt Grows $1 Million a Minute The Associated Press Monday 03 December 2007 Washington – Like a ticking time bomb, the national debt is
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
While Fed gov Fisher was correct in stating the Fed isn’t held hostage to market pricing of fed funds when it makes its decision, the
Reminds me of the guy who loves money and wants to abolish taxes. I do think the push is now for a stronger $, however,
“I don’t think that’s fair because I don’t — again, I think I’ve been pretty clear in saying we have an economy in the US
Maybe he knows the fed won’t cut the fed funds rate…. Paulson says economy healthy updated 10:33 p.m. ET, Fri., Dec. 7,2007 SOURCE: Reuters Treasury
(from an interoffice email) Karim: Quite a long one http://www.frbsf.org/news/speeches/2007/1203.html, but here goes, with selected excerpts, headings my own. If you don’t want to read
Governor Randall S. Kroszner At the Philadelphia Fed Policy Forum, Philadelphia, Pennsylvania November 30, 2007 Innovation, Information, and Regulation in Financial Markets Good afternoon. I