The US non-inflation problem
The January PCE report suggests that it remains way to early for the FOMC to be looking for the exit.
macro, politics, markets, ambivalence
The January PCE report suggests that it remains way to early for the FOMC to be looking for the exit.
A friend who attended a conference in the USA reported back that he was surprised by how uncomfortable many monetary
Hilsenrath writes that the debate at the Fed has turned to asset market dynamics, and the possibility that current policy
If you believe the hype, the Fed is already eying the exit from the quantitative easing programme it initiated at
FT Harding reports that Yellen — the person most likely to take over when Bernanke’s term ends on Jan 31
The Washington Post is carrying an interview with Michael Woodford on monetary policy. On levels targets: The idea that purely
The Federal reserve voted to begin a third major asset purchase program at their September meeting. Under the new plan,
The WSJ’s Hilsenrath writes up what he is watching for at tomorrow morning’s (Sydney time) FOMC window. My read (guess)
When thinking about policy, I always try and start with ‘Classical thinking’ and then identify the frictions that take us
The WSJ’s incomparable Hilsenrath reports that the weak August Jobs report makes further monetary easing at the Fed’s September meeting
The August non-farm payrolls report was a little weaker than expected (96k v. mkt 130k). This was a decent outcome,
The WSJ’s Jon Hilsenrath reports that the September FOMC meeting projections will go out to 2015 following their September meeting.