Tag Archives: Federal Reserve

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Fed Raises Rates

In what may be the most telegraphed monetary policy move in history the Federal Reserve raised rates today by 0.25% (here is an article). The great wailing and gnashing of teeth predicted by all the Chicken Littles seems not to have come to pass though. I have been saying this on JT’s show for the better part of a year now: Read More

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Yellen Nomination Moves Forward

This is something of a non-news item (article). Three Republicans on the banking committee supported her making it very likely there would be 60 votes for her in the Senate which would negate any procedural moves to delay her appointment. Fed policy is entering a transition period as extraordinary policy measures such as asset purchases are in line for phase Read More

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Monetary policy in the spotlight

The grilling of Janet Yellen as the nominee to be the next Fed Chair is sure to raise some interesting fodder. I will comment as appropriate but I have a presentation on Friday so it may take some time for me to get the posts up. I will suggest the following though: the nomination of Yellen is a status quo Read More