Category: US Federal Reserve Bank
The analysis published under this category are as follows.
Saturday, October 19, 2013
Federal Reserve Mounting Policy Failures / Politics / US Federal Reserve Bank
By: Casey_Research
By Lacy H. Hunt, Ph.D., Economist
The Fed's capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation; the Fed showed great resolve in containing the fast price increases in the aftermath of World Wars I and II and the Korean War. In the late 1970s and early 1980s, rampant inflation was again brought under control by a determined and persistent Federal Reserve.
Thursday, October 17, 2013
Janet Yellen to the Rescue? / Politics / US Federal Reserve Bank
By: Axel_Merk
While Democrats and Republicans fight with water pistols, the President may be readying a bazooka by nominating Janet Yellen to succeed Ben Bernanke as Fed Chair. You may want to hold on to your wallet; let me explain.
Monday, October 14, 2013
Janet Yellen New Fed Boss Same as the Old Boss / Politics / US Federal Reserve Bank
By: Dr_Ron_Paul
The news that Janet Yellen was nominated to become the next Chairman of the Board of Governors of the Federal Reserve System was greeted with joy by financial markets and the financial press. Wall Street saw Yellen's nomination as a harbinger of continued easy money. Contrast this with the hand-wringing that took place when Larry Summers' name was still in the running. Pundits worried that Summers would be too cautious, too hawkish on inflation, or too close to big banks.
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Friday, October 11, 2013
Janet Yellen as Loose as a Goose / Politics / US Federal Reserve Bank
By: Fred_Sheehan
President Obama's nomination of Janet Yellen is not unexpected. Nevertheless, it is greeted here with unrequited abjection. Unless the world's financial hocus-pocus comes unglued between now and then, she will inflate electronic money accounts without compunction. By doing so, Yellen will make matters worse (a sampling: real incomes will fall further, the gap between the rich and the poor will increase). She will redefine an acceptable inflation rate at 4.0%. Currently, the Fed is gunning for 2.0% inflation. This will be part and parcel to Yellen's attempt to drive interest rates down at all maturities. The objective will grow harder so require larger electronic deposits. She will beget looser money and a more destructive policy than Ben Bernanke's: a -4.0% real rate of interest.
Wednesday, October 09, 2013
Janet Yellen the Right choice for the Fed / Politics / US Federal Reserve Bank
By: Bloomberg
Former President Bush top economist and current Chairman of the Economics department at Harvard University, Greg Mankiw joined Bloomberg Television’s Erik Schatzker and Scarlet Fu on “Market Makers” today and said he agreed with Republicans who say that as long as we pay off interest, we won’t be in a default.
Thursday, September 26, 2013
Just Say No to the Fed's Next Bernanke / Politics / US Federal Reserve Bank
By: Don_Miller
So long Larry Summers! In this game of eeny meeny miny moe, it appears that Obama's index finger will ultimately land on Janet Yellen to replace Bernanke as chairman of the Federal Reserve. Summers was Wall Street's choice, but he withdrew from consideration, citing potential obstacles in the Senate confirmation process. While I greeted that update favorably, Yellen isn't high on my list either.
Wednesday, September 25, 2013
Fed Strategy from Mohammed Ali / Interest-Rates / US Federal Reserve Bank
By: Money_Morning
Keith Fitz-Gerald writes: Bernanke's actions last week - failing to taper, yet still trying to maintain the illusion that QE is a good thing - are setting up a one-two punch that's not unlike boxing champion Mohammed Ali's famous "float like a butterfly, sting like a bee" approach.
If you recall, Ali was a master of the combination - some say the best ever. He loved to bring his opponents in close. Ali could see through the duplicity of his opponents' strategy and land punches that won decisively.
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Sunday, September 22, 2013
The Fed Is Already In the End Game / Interest-Rates / US Federal Reserve Bank
By: Graham_Summers
The Fed failed to announce a Taper yesterday of any kind.
It is positively outrageous, but it does inform us of many things.
First and foremost, the Fed has made it clear that it cannot be hawkish is any way. We had just two months of hinting at tapering QE from the Fed (Bernanke was back talking up how accommodating he’d be by July).
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Saturday, September 21, 2013
Bernanke - Once Again, Do Not Pay Attention to That Man Behind The Curtain / Politics / US Federal Reserve Bank
By: Fred_Sheehan
It should be obvious by now that mass democratization over the past century demanded a steady flow of inflation. The inflation of self-esteem: This inspired rights and privileges. These were abetted by a spectacular rise in quantity (inflation) of money and equally sensational erosion of quality of everything: goods, services, education, speech, writing, words, phrases.
Friday, September 20, 2013
Reasons Why the Next Fed Chairman Will Fail / Politics / US Federal Reserve Bank
By: Money_Morning
Garrett Baldwin writes: As we get closer to the end of the tenure of U.S. Federal Reserve Chairman Ben Bernanke, pundits are falling over themselves trying to predict who the next Fed chairman will be.
Larry Summers, supposedly U.S. President Barack Obama's favorite for the job, caused the markets to soar when he took himself out of the running.
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Friday, September 20, 2013
Federal Reserve - The Con, The Fraud, and The Lie / Stock-Markets / US Federal Reserve Bank
By: Barry_M_Ferguson
What do we think of when we hear the words, ‘con’, ‘fraud’ and ‘lies’?
Correct! The Federal Reserve Bank.
The Con
The Chairman, Mr. Bernanke, paddled across the river Styx to address the nation over which he rules on Thursday, September 19, 2013. Since he and his associates had so clearly intimated over the last several months a reduction in the $85 billion per month bond purchase program known as ‘quantitative easing forever’, nearly everyone anticipated, and expected, an announcement of some reduction in the amount of those purchases. But alas, there was no such reduction. The Fed elected to keep the current rate of purchases in place until they were more comfortable with real signs of economic recovery.
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Thursday, September 19, 2013
Faber: On Bernanke Failure to Taper QE / Interest-Rates / US Federal Reserve Bank
By: Bloomberg
Marc Faber, publisher of the Gloom, Boom and Doom Report, stopped by Bloomberg Television's "Street Smart" today and told Trish Regan, Adam Johnson and Matt Miller that Janet Yellen would "make Mr. Bernanke look like a hawk."
Faber also said, "When I look at the market action today, I would like to see the next few days, because it may be a one-day event. The markets are overbought. The Feds have already lost control of the bond market. The question is when will it lose control of the stock market."
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Tuesday, July 30, 2013
Larry Summers or Janet Yellen, Who will Obama Pick as Head of Fed? / Politics / US Federal Reserve Bank
By: Money_Morning
Garrett Baldwin writes: With Ben Bernanke prepared to step down as Federal Reserve chairman within the next year, the human resource debacle of locating the next Federal Reserve chair is underway.
Despite reports of Timothy Geithner, Alan Blinder, or Roger Ferguson being modest replacements (the latter I personally endorse), it seems that the candidacy has been narrowed to two.
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Friday, July 26, 2013
The Fed is Crushing Corporate Investment / Companies / US Federal Reserve Bank
By: Money_Morning
Garrett Baldwin writes: U.S. and global companies may be sitting atop piles of cash as the stock market hovers near all-time highs, but total capital expenditures likely will fall over the next two years.
Reductions in capital expenditure in heavy spending commodity sectors, such as energy and mining, will drive down inflation-adjusted spending by 2 percent in 2013 and 5 percent in 2014, according to Standard and Poor's.
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Tuesday, July 23, 2013
Deciphering Bernanke - Horse, Pig, Helmet, Man, Woman / Politics / US Federal Reserve Bank
By: John_Mauldin
Grant Williams writes: Arthur Evans died in July of 1941 at the age of 90.
A rather ordinary name disguised an extraordinary life during which the famed archaeologist made many notable discoveries, including the unearthing of the Minoan Palace at Knossos, the site of a famous Greek mythological tale.
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Monday, July 22, 2013
Ben Bernanke's Farewell Tour / Politics / US Federal Reserve Bank
By: Dr_Ron_Paul
Last week Federal Reserve Chairman Ben Bernanke delivered what may well be his last Congressional testimony before leaving the Federal Reserve in 2014. Unfortunately, his farewell performance was full of contradictory comments about the state of the economy and the effects of Fed policies on the market. One thing Bernanke inadvertently made clear was that the needs of Wall Street trump Main street, the economy, and sound money.
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Monday, July 15, 2013
My Excellent Adventure at the Federal Reserve Headquarters / Politics / US Federal Reserve Bank
By: David_Hague
Dear reader, I was afforded a most extraordinary experience recently that has given me unique insight into our global financial and political systems. I intend to share my experience with you. However, I caution you, that the information I gleaned from this experience will be disturbing. What you are about to read will forever change your view of banking, politics, economics and money. Read on, if you dare.
Saturday, July 13, 2013
Everyone Knows that the Federal Reserve Banks Are PRIVATE … Except the American People / Politics / US Federal Reserve Bank
By: Washingtons_Blog
Most Americans Still Don’t Know that Federal Reserve Banks Are Private Corporations
The country’s most powerful “agency” – the Federal Reserve – is actually no more federal than Federal Express.
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Thursday, July 11, 2013
Bernanke Is Losing Control of the Fed and the Markets / Politics / US Federal Reserve Bank
By: Graham_Summers
Ben Bernanke has lost any last shred of credibility he might have had.
The Fed no longer believes in QE. And for good reason. We’ve seen QE 1,2,3,& 4 and yet we’ve not seen any meaningful uptick in employment or GDP growth. Indeed, since Bernanke took the reins at the Fed we’ve not seen a single year of 3+% GDP growth.
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Thursday, July 11, 2013
Why’s There So Much Dissension Inside the Fed? / Politics / US Federal Reserve Bank
By: Money_Morning
Gary Gately writes: There's considerable dissension within the ranks at the Federal Reserve, with many of Chairman Ben Bernanke's colleagues saying the Fed's monthly purchase of $85 billion in bonds should end by late this year.
"About half" of 19 Fed members "indicated that it likely would be appropriate to end asset purchases later this year," according to minutes of the June Fed policy-making committee meeting, released Wednesday.
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