Category Archives: Monetary Policy

Alan Greenspan on Debt, Deficit, Tax Cuts – Bloomberg

Posted on April 20, 2018 by macromon

Excellent interview.   Upshot?  Inflation cometh. Apr.18 — Former Chairman of the Federal Reserve Alan Greenspan joined Bloomberg Television for a wide-ranging discussion about U.S. debt, the current rate hike path, Europe’s new direction and his reading assignment for the Republicans. … Continue reading →

Posted in Debt, Dollar, Food Prices, Monetary Policy, Uncategorized | Tagged , , , , | Leave a comment

Cleveland Fed Dishes On Yield Curve Signal

Posted on April 2, 2018 by macromon

Check out the latest from the Cleveland Fed president,  Loretta Mester: Mester advised that there is “no evidence” for thinking that a flatter curve signals a weaker economy at this time, Reuters reported. She added that “structural factors,” such as bond-buying by central … Continue reading →

Posted in Bonds, Fed, Monetary Policy, Uncategorized | Tagged , , , , | Leave a comment

The Biggest Risk At The Fed

Posted on March 21, 2018 by macromon

It is FOMC day, and the committee just raised the Fed Funds rate another 25 bps. Well, actually, they increased the interest rate on excess reserves (IOER) by 25 bps to target a higher Fed Funds rate.   That is an additional … Continue reading →

Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , | 10 Comments

FOMC Dot Plot & Other Data – March 21

Posted on March 21, 2018 by macromon
Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , , | Leave a comment

Federal Reserve issues FOMC statement – March 21

Posted on March 21, 2018 by macromon

March 21, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been … Continue reading →

Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , | Leave a comment

Policy Leanings Of Current FOMC

Posted on March 6, 2018 by macromon
Posted in Fed, Monetary Policy, Uncategorized | Tagged , , | Leave a comment

QOTD: On Fed Chair, Jay Powell

Posted on February 27, 2018 by macromon

Larry Kudlow just on CNBC quoting President Trump after interviewing Jay Powell for the Fed chair: “The guy looks like a central banker.” – President Trump (via Larry Kudlow) (QOTD = Quote of the Day)

Posted in Monetary Policy, Quote of the Day, Uncategorized | Tagged , , | Leave a comment

Semiannual Monetary Policy Report to the Congress

Posted on February 27, 2018 by macromon

February 27, 2018 Semiannual Monetary Policy Report to the Congress Chairman Jerome H. Powell Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. Chairman Hensarling, Ranking Member Waters, and members of the Committee, I am pleased to … Continue reading →

Posted in Fed, Monetary Policy, PMIs, Policy, RSIs, Sector ETF Peformance, Sports, Uncategorized | Tagged , | Leave a comment

Real Interest Rates Not So Real – BIS

Posted on December 21, 2017 by macromon

The Bank of International Settlements (BIS) is out with a very interesting piece, Why so low for so long? A long-term view of real interest rates?, by Claudio Borio, Piti Disyatat, Mikael Juselius and Phurichai Rungcharoenkitkul. The basic premise is … Continue reading →

Posted in Bonds, Geopolitical, Monetary Policy, Uncategorized | Tagged , , | 1 Comment

QOTD: Sheep Logic

Posted on October 6, 2017 by macromon

Active central bank Narrative construction in the service of their policy goals is a permanent change in our market dynamics.  – Ben Hunt, Epsilon Theory

Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , , | Leave a comment