rate easing

This article explains why quantitative easing had become the monetary tool of choice for the Federal Reserve and what kind of easing the Fed is now employing. Because the Fed feels constrained politically, it is unlikely to repeat…

Politically the Fed is constrained. So this is the first salvo in a renewed easing campaign by the Fed. Right now everyone is acting like this isn’t QE. But I told you two months ago that it is.

Standard and Poor’s downgraded U.S. creditworthiness to AA+, becoming the first to remove the triple-A status from the world’s largest economy and largest debtor. Moreover, a negative outlook has been retained. The element of surprise…

Last week, when discussing what QE3 could look like I indicated that were the Federal Reserve to start expanding its balance sheet, QE3 will see interest rate caps after a pause and period of reflection. Let me address the differences…

Yesterday, I indicated that the FOMC has already considered offering unlimited quantitative easing to target specific interest rates during the second round of quantitative easing. I believe the Fed will do this in QE3, and apparently Bill…

Unfortunately, the US economy has weakened somewhat and so the speculation about QE3 has gathered apace. Let me say a few words on this topic here.

This is an analysis of the remaining options in the euro zone post-Ireland bailout. This period in Europe reminds me very much of the period after the Indy Mac failure in the U.S. after which markets were in a permanent state of stress.…

The Federal Reserve's Open Market Committee met in secret by videoconference on October 15th to hash out policy issues ahead of the official November 2-3. The most extraordinary development at that meeting was discussion around whether the…