MarketExpress
"Fed Policy" tag
central-bank

Central Banks: still kidding themselves

As expected by nearly everyone except the futures market, the Fed did not cut rates last week and predicted only one in the future and not until next year. This contrasts with the futures market...

Five Questions Facing the Market

1. What is the outlook for Fed policy? The dramatic market reaction notwithstanding, we think Bernanke and the FOMC minutes were clear.  To calls from some members to consider scaling back on the long-term asset...

 

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