U.S. Fed Chair Ben Bernanke finally gets investors to shift focus from the timing of the tapering of the central bank’s stimulus to its intention to keep monetary policy accommodative for a long time.
Financial markets ought to sell off no matter what the U.S. Fed does about tapering, but almost certainly they won’t.
Atlanta Fed’s President Dennis Lockhart gives an insider’s view of what it is like to be in a Fed Open Markets Committee meeting.
Asset buying and forward interest rate guidance are separate monetary policy tools to the Fed. How to make markets better understand exercises policymakers greatly.
U.S. Federal Reserve nominee looks every part the head of a central bank she is soon to be.
The political fight over the U.S. government’s budget and debt ceiling looks likely to delay the U.S. Fed’s start to winding down its massive stimulus program well into the New Year.
The Yellen era will feature more of the same: the same monetary policy and the same unanswered questions.
Donald Marron, director of Economic Policy Initiatives at the Urban Institute and a former member of the President’s Council of Economic Advisors, believes Janet Yellen’s nomination is a vote for continuity.
Larry Summers has dropped out leaving Janet Yellen as the new front runner, but there are other candidates under consideration to succeed Ben Bernanke when he steps down as chairman of the U.S. Fed in January.
The emphasis on the taper by the Fed is puzzling if you only take into account what the central bank actually says, and compare it to the data the economy is actually recording.
