Federal Reserve
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‘Line’ Items: January 10, 2011
Read moreShooting Puts Legislative Business on Hold – The shooting of Congresswoman Gabrielle Giffords and 19 others in Tucson, Arizona has resulted in House...
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Fed Vice Chair Yellen on Fiscal Responsibility
Read moreAs they read over the draft Fiscal Commission plan released today, many politicians will wonder why in the world should they agree on a plan – any...
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Chairman Bernanke once again: the importance of putting US fiscal policy on a sustainable path
Read moreOf particular interest for us, Fed Chairman Bernanke noted the following in his speech today on “Rebalancing the Global Economy” at the European...
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MarketWatch: November 8-12, 2010
Read moreDomestic and global financial markets are being driven by major cross-currents once again. On the home front, dust is still settling in the markets...
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China: Nervous over US Policy Management
Read moreAs taxpayers, politicians, journalists and wonks grapple with the wide-ranging fiscal plan launched by the chairmen of the President’s debt commission...
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MarketWatch: November 1-5, 2010
Read moreAll eyes have been on the Fed this week. And the Fed delivered, with more ammunition than expected for its second round of quantitative easing (known...
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The Fed Takes Another Big Step to Boost the Economy
Read moreAs widely expected (and priced into the markets), the Fed decided at its monetary policy committee meeting today that it would increase purchases of...
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MarketWatch: October 25-29, 2010
Read moreAll eyes are on next week’s meeting of the Fed’s Open Market Committee (FOMC), the monetary policy setting body of the Fed. As priced in by the...
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MARKETWATCH: October 18 - 22
Read moreMost of the week, markets continued to reflect expectations that the Fed would increase its purchases of Treasury securities (known as quantitative...
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Lessons from Monetary Policy for Fiscal Policy
Read moreOn Friday, Fed Chairman Bernanke provided a lesson that fiscal policymakers should take to heart: Expectations matter. In a much anticipated speech at...
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MARKETWATCH: October 11 - 15
Read moreChange is in the air, but plenty of uncertainty remains. As of mid-morning, the dust is still settling in U.S. and global markets as they take stock...
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‘Line’ Items: Columbus Day Edition
Read moreDay of “Discovery” – Today we celebrate the man who quasi-discovered the Americas with a quasi-holiday that not everyone gets off (including the Line)...