Archive for the ‘Federal Reserve’ Category:

Out of Answers, Federal Reserve Can Only Offer Empty Rhetoric

{ Posted on Dec 13 2011 by David Zeiler }
The Federal Open Market Committee (FOMC) is scheduled to issue a statement at 2:15 pm. today (Tuesday), but don't expect anything other than more empty rhetoric. Indeed, with few options remaining, the Fed is expected to produce little ...Read More »

More on those secret Federal Reserve loans to banks

{ Posted on Dec 11 2011 by James Hamilton }
The claim that the Federal Reserve extended trillions of dollars in secret loans to banks continues to be spread. Here at Econbrowser we will continue to try to correct some of the misunderstanding that is out there. Read More »

Jim Rogers: "The Fed is Lying to Us"

{ Posted on Dec 08 2011 by David Zeiler }
Despite statements to the contrary, the U.S. Federal Reserve has continued to pump money into the economy, says investing legend Jim Rogers. The resulting low interest rates and creeping inflation, he says, are destroying the wealth of millions. "[Federal Reserve ...Read More »

$7.77 trillion in secret Federal Reserve loans to banks?

{ Posted on Dec 06 2011 by James Hamilton }
I have been looking into the claim recently made by any number of internet sites (for example, here's one of the many hundreds, if you insist on a link) that the Federal Reserve made $7.77 trillion in secret loans to ...Read More »

Central banks augment currency swap capabilities

{ Posted on Nov 30 2011 by James Hamilton }
The U.S. Federal Reserve, European Central Bank, and central banks of Canada, England, Japan, and Switzerland today announced a coordinated monetary action that could provide added assistance to interbank lending in the event of a further deterioration in global financial ...Read More »

Monetary policy and democracy

{ Posted on Oct 02 2011 by James Hamilton }
Should presidents of regional Federal Reserve Banks have a vote on the FOMC, the policy-making committee of the Federal Reserve? Read More »

Effects of operation twist

{ Posted on Sep 23 2011 by James Hamilton }
The Federal Reserve announced on Wednesday ([1], [2]) that it will sell some of its shorter-term assets in order to buy more longer-term assets. Here I assess some of the possible consequences of this move. Read More »

Recommendations for economic policy

{ Posted on Aug 31 2011 by James Hamilton }
An exchange I had last week with Econbrowser reader (and world-renowned scholar) Simon van Norden may be of interest to broader readers, so I lift it here from the comments: Read More »

Waiting for the Fed to act

{ Posted on Aug 21 2011 by James Hamilton }
Economic conditions are deteriorating. Here's how and when the Fed might intervene. Read More »

Governor Perry on Monetary Policy

{ Posted on Aug 16 2011 by Menzie Chinn }
From the Washington Post: ..."If this guy [Fed Chairman Bernanke] prints more money between now and the election, I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas. Printing more ...Read More »