Tag Archives: Doves versus Hawks

BFTP: The Biggest Risk At The Fed

BFTP = Blast From The Past It’s now been more than a year since this post.   We can’t take a victory lap on such nonsense but we will say, “we told you so.”   The consequences are gonna be … Continue reading

Posted in Fed, Monetary Policy, Uncategorized | Tagged , , , | 1 Comment

The Biggest Risk At The Fed

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