Re: liquidity or insolvency–does it matter?
(email with Randall Wray) On Dec 15, 2007 9:05 PM, Wray, Randall wrote: > By ________ > > This time the magic isn’t working. >
December 16, 2007
(email with Randall Wray) On Dec 15, 2007 9:05 PM, Wray, Randall wrote: > By ________ > > This time the magic isn’t working. >
Sends a chill up the spine of any red blooded mainstream central banker! Inflation expectations rise Thu Dec 13, 2007 9:37am GMT – Britons’ expectations
I’m mainly interested in LIBOR over the turn as an indicator or how the new international facility is doing. Also watching to see when higher
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 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 >
(interoffice email) > Dovish statement not matched by actions (no lowering of FF-Discount Rate > spread). As Tom Brady recently commented, “Well done is better