Re: The Sunny Side
[Skip to the end] (an email exchange) > > On Tue, Sep 16, 2008 at 10:24 AM, Tom wrote: > > Hi Coach, > > While financial markets
[Skip to the end] (an email exchange) > > On Tue, Sep 16, 2008 at 10:24 AM, Tom wrote: > > Hi Coach, > > While financial markets
“Inflation is a problem,” she said. Yet the problem isn’t excessive demand, rising wages, or a tight labor market, but “negative supply shocks.” Once the
Yes, the below analysis has also been the Fed’s position, up until this week’s speeches. It’s been about a crude/food/$ negative supply shock, supported by
My guess is the GDP forecast the Fed is now getting from it’s staff is not a downgrade from previous forecasts, and may even be
The Fed is aware rate cuts don’t do much for near term financial disruptions. For example, the FF/LIBOR spread was first addressed with FF cuts,
(an interoffice email) On Jan 14, 2008 10:29 AM, Warren Mosler wrote: > thanks, continued tafs will get it to wherever the fed actually wants
He is currently leaning towards cuts, but watching carefully for signs of improvements in market functioning and output, and aware of the risks of his
On Jan 5, 2008 9:40 PM, Steve Martyak wrote: > http://www.autodogmatic.com/index.php/sst/2007/02/02/subprime_credit_crunch_could_trigger_col > > > also…. > > 9/4/2006 > Cover of Business Week: How Toxic
(an interoffice email) Good report, thanks! On Jan 4, 2008 10:41 AM, Pat Doyle wrote: > > > > Pre- August 2007 GC US Treasury’s
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