Federal Reserve Archive

Fed “Prepared To Provide Additional Accomodation”

September 21, 2010  ·  Category: Federal Reserve, Macro Economics, Market Commentary
The Fed opened the door to QE2 in its statement today by describing inflation as "at levels somewhat below those the Committee judges most consistent with its mandate" and saying it is "prepared to provide ...
Posted by Greg Feirman  ·  No Comments »

Top Gun FP Client Note: The Fed Downgrades The Economy; Cisco Corroborates

NOTE: Every week I write a Client Note for my clients.  For a limited time, I am allowing non-clients to sign up and receive the Client Note.  You can sign up at the top right ...
Posted by Greg Feirman  ·  No Comments »

Fed Gives Market What It Wants; Will Reinvest Mortgage Proceeds In Treasuries

August 10, 2010  ·  Category: Federal Reserve, Market Commentary
To help support the economic recovery in a context of price stability, the Committee will keep constant the Federal Reserve's holdings of securities at their current level by reinvesting principal payments from agency debt and ...
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Top Gun FP Client Note: Unusually Uncertain

TOP GUN STRATEGY SESSION WITH CHARLES KIRK OF THE KIRK REPORT, FRI AUGUST 6 AT 12PM EST: Click here to participate in the strategy session.   ***** The economic outlook remains unusually uncertain.   - Ben Bernanke, Semiannual Monetary Policy Report To ...
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Top Gun FP Client Note: Inklings Of A Housing Double Dip

In the three weeks since the start of our third quarter on May 1st, which coincided with the expiration of the homebuyer tax credit, our per community deposits and traffic were up 23% and 11%, ...
Posted by Greg Feirman  ·  No Comments »

Why The Fed Move Matters

February 19, 2010  ·  Category: Federal Reserve, Macro Economics, Market Commentary
Commentators seem to be split on the important of the Fed's 1/4 point hike in the discount rate yesterday after the close.  Some say it's meaningless and not to worry about it.  Others see it ...
Posted by Greg Feirman  ·  No Comments »

Taylor: The Fed and the Crisis: A Reply to Ben Bernanke

January 12, 2010  ·  Category: Federal Reserve, Macro Economics
These technical arguments are important, but one should not lose sight of the forest through the trees.  You do not have to rely on the Taylor rule to see that monetary policy was too loose.  ...
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Shelton: Chairman Bernanke’s Monetary Apologia

January 11, 2010  ·  Category: Federal Reserve, Macro Economics
This past Sunday, at the American Economic Association's annual meeting in Atlanta, Ga., Federal Reserve Chairman Ben Bernanke offered up a lengthy, professorial defense of U.S. monetary policy over the last decade, focusing on its ...
Posted by Greg Feirman  ·  No Comments »

Cassidy: Is Ben Bernanke Serious?

January 8, 2010  ·  Category: Federal Reserve, Macro Economics
Behind his white beard, Federal Reserve chairman Ben Bernanke has a wry sense of humour.  On reading his recent speech to the American Economic Association, in which he defended the Fed's actions during the housing bubble, ...
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John Taylor Responds To Bernanke

January 7, 2010  ·  Category: Federal Reserve, Macro Economics
Posted by Greg Feirman  ·  No Comments »