Plosser speech
From Philadelphia Fed President Plosser: To be more concrete, many versions of the simple rules that I refer to when gauging the current stance of
March 3, 2008
From Philadelphia Fed President Plosser: To be more concrete, many versions of the simple rules that I refer to when gauging the current stance of
Congress sees their voters facing prices that are rising faster than incomes due to Fed rate cuts driving the $ down. Bernanke testifies that price
On 3/1/08, Wray, Randall wrote: agreed supervisors/regulators need to do their job. however there is also something to be said for economic growth restoring balance
One of the Fed’s favorite inflation expectation indicators continues to look to be breaking out. All pre/post ‘July 2006 pause’ progress has been reversed. TIPS
Bernanke may be reminded of the reason the dual mandate includes inflation – voters don’t like inflation even more than they don’t like unemployment. As
Forgot to include the influence of the 8,000 lb gorilla I’ve been advancing for the last few years! Supporting GDP Pension funds adding to allocations
Dear Philip, Seems there’s a break between Mishkin and Kohn that previously wasn’t there. Markets are thinking Kohn supports a 50 cut and that he
Stocks up big, oil up big, dollar down big, and interest rates lower. How does this happen? Review Twin themes remain weakness inflation Sources of
After the speech, crude up $1.61 and back over $100. Yields down on fixed income as markets anticipate Fed won’t respond to inflation anytime soon:
Not a quick read, but telling – inflation risks seem to be overtaking concerns with the economy: Does Stabilizing Inflation Contribute to Stabilizing Economic Activity?