TAF size increased
[Skip to the end] As I’ve said all along, it needs to be in unlimited quantities with a set interest rate. It’s a pricing mechanism,
October 7, 2008
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[Skip to the end] As I’ve said all along, it needs to be in unlimited quantities with a set interest rate. It’s a pricing mechanism,
[Skip to the end] I’ve been recommending the following for the Fed for quite a while (see Proposals for the Fed): Lower the discount rate
[Skip to the end] > > On Tue, Jul 29, 2008 at 4:05 AM, Andrea wrote: > > In case you haven’t seen this yet: A Fed
[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
“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
The larger point is that ANY assets banks are allowed to hold already have to be on the regulators approved list, and banks in any
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
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,
(from Patrick Doyle) Below is a table of the results of the last 3 TAF auctions Of note is the spread to OIS (FF’s) which
(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