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On the FOMC, Employment & Anecdotal Observations
I’m sure you’re aware now that the FOMC decided not to raise rates, with Hoenig as the usual dissenter. Hoenig’s dissension basically revolves around changing the language of “likely to warrant...
View ArticleQuick Reference: FOMC June Statement Difference
A little handiwork done in MS Word for those who don’t have previous FOMC statements memorized word for word: FOMC June 2011 Statement Difference [GDocs]
View ArticleRichard Koo on Tapering
In a note this week Nomura Research Institute’s famed chief economist Richard Koo laid out his case for the Fed to start tapering as soon as possible. Most of it focused on liquidity, recent labor...
View ArticleFisher on Tapering
Over the past few days we have seen a relatively minor selloff in domestic risk assets. A 4% swing peak to trough in equities is not exactly earth shattering, but the onset complacency and lack of...
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