Tag Archives: Federal Reserve

Ron Paul to Hold Feb 9th Hearing on Federal Reserve

Press Release,  February 2, 2011 WASHINGTON:   Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced today the Subcommittee will meet for a hearing to examine the impact of Federal Reserve policies on job creation and the unemployment rate. … Continue reading

Posted in Employment, Monetary Policy | Tagged , , , | 1 Comment

POMO: Fed Buys $1.5 BN of 17 to 30-year Bonds

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POMO Squeeze – Bonds Rally

The Fed really got its money worth today, buying $2 BN of bonds with maturities in the range of  08/15/2028 – 11/15/2040.    Long-term interest rates fell 10-20 bps.  Just another example of how bonds behave when the parents are home.  … Continue reading

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Who’s Funding the U.S. Budget Deficit?

Interesting data showing who is funding the U.S. budget deficit and how the profile has changed since the financial crisis.  We excluded 2008 as the aggregate data was distorted due to the Federal Reserve’s $265 BN sale (or exchange?) of … Continue reading

Posted in Bonds, Budget Deficit, Charts, Fiscal Policy, Monetary Policy, Sovereign Debt | Tagged , , | 1 Comment

IMF – U.S. monetary policy drives global stock prices

A recently published paper by the International Monetary Fund (IMF) found that U.S. monetary policy shocks drive global stock market prices. (click here for paper) The International Business Times sums up the study, When the Fed tightens (loosens) monetary policy, … Continue reading

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Bernanke’s 60 Minutes Interview

In case you missed it.

Posted in Monetary Policy, Video | Tagged , , , | 1 Comment

G20 Risk: “China says G20 should monitor US Fed” – SMH

Though the ugly bond auction got the headline, there’ s no doubt part of this afternoon’s reversal in many key stocks and commodities was partially caused by concern the G20 may turn into a fiasco as members use the occasion … Continue reading

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Ron Paul to Chair Monetary Policy Subcommittee

That is what Dave Weigel over at Slate is saying, Sometimes all you need is the headline. Ron Paul is slated to run this subcommittee, giving him some actual power and a megaphone on the issue dearest to his heart. … Continue reading

Posted in Currency, Monetary Policy | Tagged , , | 1 Comment

Fed to Face Short Squeeze in New Congress

The Republican takeover of the House and some big gains in the Senate will put the heat on the Fed over its ultra-loose monetary policy.  We wrote about the hard money bias of the new Republican leaders several weeks ago.  … Continue reading

Posted in Fiscal Policy, Monetary Policy, Politics | Tagged , , , , | 1 Comment