Bernanke says the Fed will stay the course
Nothing new this morning in Federal Reserve Chairman Ben Bernanke’s testimony before the Joint Economic Committee of Congress. And that’s what the market wanted to hear. Bernanke reiterated that the Federal Reserve remains convinced that the job market is weak and that consumer price inflation is low.
Can the EuroZone debt crisis save the U.S. Federal Reserve?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The Fed is trapped by its balance sheet–because it has become the Treasury market
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...That was quick: Less than two weeks after the Fed’s QE3 and the ECB’s plan to buy bonds, the market is looking for another jolt
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Emerging market commodity stocks soar on Fed’s QE3–will the rally develop staying power?
Don’t just look at the amazing 2.9% gain in Hong Kong’s Hang Seng Index over night on the Federal Reserve’s announcement of a new program of quantitative easing. Look at what went up. The risk-on trade is clearly on, even within what is a risk-on category (Chinese stocks) to begin with.
Some initial thoughts on playing the Fed’s QE3
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Federal Reserve launches QE3
“To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month.”
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Bernanke’s Jackson Hole speech leaves us just about where we were on QE3–waiting for the economic data
Ben Bernanke’s speech at the Kansas City Federal Reserve Bank’s Jackson Hole conference this morning had something for everyone. In other words you could read the Federal Reserve chairman’s words pretty much anyway you wanted.