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Fed Plans To Have Cheap Oil, Higher Inflation, Rate Hikes, Cake


That game of chicken going on between OPEC and American oil producers? Well, it’s not like anyone asked, but rest assured that Janet Yellen won’t be the first to blink.

If Ms. Yellen and her colleagues put more weight on the looming inflation drop, they will hold off on interest-rate increases, which are expected by mid-2015. If they put more weight on underlying economic strength, they will proceed as planned, or even accelerate their move.

The signs so far are that the Fed will proceed as planned.

Fed Likely to Stare Down Oil-Price Drop [WSJ]


Commerzbank To Have Cake, Eat It, Too

Appreciative as it is for the €21 German taxpayers threw it, Commerzbank has had quite enough of living under the government's thumb. So it's going to finish paying back those taxpayer loans by conveniently diluting its shares such that the German government can't tell it what to do anymore.

Fed Presidents Play Deal Or No Deal

We all know what's inside J-Yell's metal suitcase this time.


Ex-Minneapolis Fed Chief Has Plan To #MAGA

Narayana Kocherlakota throws his hat into the Fed chair sweepstakes.