taper

Ben Bernanke is at the Brookings Institution and Janet Yellen is in charge at the Fed. And, if Richmond Fed President Jeffrey Lacker is to be believed, it doesn’t matter at all. Read more »

  • 19 Dec 2013 at 4:55 PM

Maybe The Fed Jumped The Gun A Little?

A day late come the kind of “meh, not great” economic indicators that could have saved us from yesterday’s “modest” taper. Read more »

Was he inspired by Monday’s gathering of his (two) living predecessors and their talk of legacy? Was he trying to keep Esther George from becoming the third person to go eight-for-eight in dissents? Or was the sly gray fox slow-playing us all along? Either way, history will note that it was Ben Bernanke who both began and began to end the great stimulus measure known as quantitative easing, and that the economy will have to try to survive being propped up with just $75 billion in bond purchases each month. Read more »

Sure, we’ve heard it before, but this time 31 of 47 people who bothered to answer their phone/e-mail are pretty sure that next week’s Fed meeting will be the Fed meeting we’ve all been waiting and waiting and waiting for. Read more »

  • 08 Jul 2013 at 5:15 PM

Goldman, JPMorgan: Permission To Freak Out GRANTED

All of those Fed guys telling you that you overreacted to gentle Ben’s words last month were lying, according to people in the know. Read more »