quantitative easing

Quantitative easing hasn't worked to lower interest rates in the past but has caused a huge uproar from those opposed to the policy in the US. QE is therefore both ineffective and politically-charged. But a lot of people still expect it.

Given a clearly overbought market, the re-emergence of Europe's sovereign debt problem and the Fed reducing the imminence of QE3, even the bulls concede that a correction is likely. Overall, however, investors remain optimistic, and are…

The yen was the weakest of the major currencies in Q1, losing about 7.2% against the dollar. There was a clear shift in both speculative and portfolio flows. This is just one of seven observations about the Yen via Marc Chandler.

The minutes from the March FOMC meeting have continued to drive the dollar higher, except against the yen, and bonds and stocks lower. Especially in the context of Bernanke's recent remarks, the, should we say less than dovish, tone to the…

The video below is from On the Edge with Max Keiser. I speak to Max during this show from 31 March about the US economy, Federal Reserve policy, financial repression and more. On the issue of financial repression, I think my view is pretty…

Last August, the Fed went for what I call "rate easing". If the economy weakens this year what will it do? I am not convinced it will be quantitative easing. In general, I think the Fed, while looking to support the growth side of its dual…

This one's short today as I am running out of time. I posted earlier regarding Bill Gross' comments about the Fed doing a mortgage-backed QE3. There's nothing fundamentally off about this call. But we really aren't there yet as it is wholly…

The following transcript and video is courtesy of Bloomberg TV where Bill Gross spoke to Margaret Brennan today, telling her that he thinks the Fed will go Qe3, but that it will shift to mortgage backed securities when Operation Twist ends…

Judging from the press coverage, we suspect many observers have misunderstood Federal Reserve Chairman Bernanke's comments yesterday. They need to be placed in the context of what went before: namely several hawkish regional presidents…

I missed this one from Omid Malekan a few weeks back but it's a good primer on gas/petrol prices for those of you who are interested.