Tags: Ben Bernanke, Quantitative Easing
It seems Bernanke may not quite have all of his ducks in a row.
Of the majority favoring the programs, officials were about evenly split between those who thought the Fed would be likely to end the bond buying by “sometime around the middle of 2013″ and those who thought the central bank would want to continue beyond then, the minutes said. Some saw the programs continuing until year-end.
Some wanted to stop buying bonds four Mondays ago. That prospect did not make the boys and girls on the floor very happy. Read more »
Tags: Ben Bernanke, gifts, Operation Twist
Ben Bernanke’s a hard one to shop for. But his underlings are dropping some clear hints. And he’s OK with the fact that you’ve already missed Hannukah, as long as it gets to him sometime next year. Read more »
Tags: Ben Bernanke, cats, Federal Reserve, meetings
There’s little drama about what the Federal Reserve will say on Wednesday: It’s going to keep buying bonds in its effort to stimulate the economy. But what will the central bank be saying by what it doesn’t say? Read more »
Tags: Ben Bernanke, casual Thursday, Fashion Meets Finance, jeans, polos, this is wild
And wears them! In public! Where people can see him! The previously held assumption that he eats, sleeps, and showers exclusively in suits from Jos A. Bank hath been shattered! (This is almost as disorienting as the time Alan Greenspan was spotted in a tank top and cutoffs while running errands, though not nearly as traumatizing as the time the neighborhood kids got more than they’d bargained for when he came out to yell at them wearing only slipper-socks and his wife’s dressing gown!) Read more »
Tags: Barclays, Ben Bernanke, Bob Diamond, kind of thinking SMD would've been more appropriate in this context but that's neither here nor there, Nell Diamond, Twitter
While most offspring are typically not available for comment following the resignations, voluntary or otherwise, of their banker dads (lookin’ at you, Jimmy Cayne, Jr.), earlier today prolific Tweeter Nell Diamond had this to say to the Brits who have been cheering her father’s departure: “George Osborne and Ed Miliband you can go ahead and #HMD.” Read more »
Tags: America needs a dialing wand, Ben Bernanke, David Einhorn, Greenlight Capital, hazing, hedge fund managers, interest rates, Jelly Donut Orgies, jelly donuts, monetary policy, the short version: go for a jog you fat fuck, tummy aches, yummy mid-afternoon energy boosts
Directed at no one in particular but if a certain jelly donut-addicted Fed Chair has found even his extra-forgiving sweatpants getting too snug, he might want to take note. Read more »
Tags: Ben Bernanke, blank sheets of paper, charts, Federal Reserve, The Fed
I guess there’s some competition but this to me is clearly the chart of the day:
Ha, no, not really. But actually it is pretty neat:
The Federal Reserve on Friday released blank templates showing the format of the two charts it will use on January 25 to report Federal Open Market Committee (FOMC) participants’ projections of the appropriate target federal funds rate. It also released a draft of an explanatory note that will accompany the projections.
The first chart, which will have shaded bars when released on January 25, will show FOMC participants’ projections for the timing of the initial increase in the target federal funds rate. The second chart, which will have dots representing policymakers’ individual projections when released on January 25, will show participants’ views of the appropriate path of the federal funds rate over the next several years and in the longer run.
Bars and dots! What’s not to like? The actual form, in its forlorn blankness, has the look of an exam you’re supposed to fill out,* and there’s this: Read more »