[Skip to the end] I hadn’t noticed this back then, but Vince got it right: The Fed purchased the $30 billion of securities from JPM/Bear
[Skip to the end] Hardly need a study to figure that out! This paper from the NY Fed was just released: The Effect of the
[Skip to the end] Too Big to Fail? by Peter S Goodman Using public money to spare Fannie and Freddie would increase the public debt,
[Skip to the end] A minority view but a growing one. They are thinking the low rates are destabilizing the housing and financial markets via
[Skip to the end] The last few Michigan surveys had one-year inflation expectations over 5%. This is not lost on an FOMC that believes inflation
[Skip to the end] (an email exchange) > On Tue, Jul 15, 2008 at 11:03 AM, Mike wrote: > > Should we be looking at selling protection
[Skip to the end] Doesn’t look like a funding operation. Looks like JPM sold the Bear Stearns securities to the Fed and retained a first
[Skip to the end] From Chairman Bernanke’s July 07 speech: As you know, the control of inflation is central to good monetary policy. Price stability,
[Skip to the end] (an email exchange) On Thu, Jun 26, 2008 at 2:25 PM, Tom wrote: > > > Where’s Bernanke’s Inner Volcker?
[Skip to the end] (an interoffice email) On Thu, Jun 26, 2008 at 7:48 AM, Karim wrote: > > > Global Economic Integration and Decoupling