monetary policy – Page 10 – ricardian ambivalence

Fiscal v. Monetary Policy

Cochrane has posted his ‘hard debt’ WSJ op ed on his blog. The op-ed deals with three related questions: 1/

Q4’12 GDP came in bang on the median expectation of +0.6%q/q 93.1%y/y), however it was a little lower than the

The March RBA statement contained only a few tweaks, and in many ways it was notable for what the RBA

The March RBA meeting has the feel of a ‘dead rubber’, with only 3.5bps of easing priced (a 14% chance)

Bernanke gave a speech on long term rates on 1 March. In it, he provided the above forecast track for

The January PCE report suggests that it remains way to early for the FOMC to be looking for the exit.

The capex report is one of the more complex reports that the ABS releases – and also one of the

Today is the keenly awaited Q4’12 Capex report. The prior report showed an ongoing increase in current activity but signalled

I have a bit of a love/hate relationship with consumer confidence surveys. Broadly speaking, they typically don’t tell us anything

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