Tag Archives: Monetary Policy

IMF still keen on eurozone rate cut in face of weak growth

Posted on April 18, 2013 by

(click here if video is not observable)

Posted in ECB, Euro | Tagged , , , , | 1 Comment

Brazil Hikes

Posted on April 17, 2013 by

Brazil‘s Central Bank increased interest rates on Wednesday evening to 7.5% from 7.25%.   The rate hike was not totally unexpected.  Here is what Forbes had to say, Central Bank president Alexandre Tombini hinted several times over the last week that … Continue reading →

Posted in BRICs | Tagged , , , | 1 Comment

Jeremy Grantham on Charlie Rose – Must View

Posted on March 13, 2013 by

This is a must view, folks. The first half of the interview, which aired yesterday, is dominated by a discussion of the natural resource constraints the world will be facing in the next decade. The real macro gems begin at … Continue reading →

Posted in Interviews, Video | Tagged , , , | 2 Comments

Weekend Lecture: Economics of Abenomics

Posted on March 1, 2013 by

The Peterson Institute held a high-level discussion of the economic policy initiatives of Japan’s new government, or Abenomics, on February 15, 2013. This timely event took place just ahead of Prime Minister Abe’s upcoming summit meeting with President Obama. The … Continue reading →

Posted in Fiscal Policy, Japan, Monetary Policy | Tagged , , , , , | Leave a comment

Euro slumps on ECB Draghi’s comments

Posted on February 7, 2013 by

“Exchange rate is not a policy target, but it is important for growth…”   – Mario Draghi (click here if video is not observable)

Posted in Euro, Monetary Policy | Tagged , , , | 4 Comments

The Fed and Credit Rationing

Posted on January 30, 2013 by

John Taylor’s piece in the WSJ yesterday noted, So if investors are told by the Fed that the short-term rate is going to be close to zero in the future, then they will bid down the yield on the long-term … Continue reading →

Posted in Interest Rates, Monetary Policy | Tagged , | Leave a comment

Federal Reserve Assets Top $3 Trillion

Posted on January 24, 2013 by

The Fed’s balance sheet just topped $3 trillion for the first time ever according to the Wall Street Journal, The U.S. Federal Reserve‘s balance sheet topped $3 trillion for the first time as the central bank continued with its easy-money … Continue reading →

Posted in Monetary Policy | Tagged , , , | 4 Comments

Excess Reserves Declining

Posted on January 7, 2013 by

Keep this one on your radar.   Excess reserves of depository institutions are beginning to decline,  down $183 billion, or 11.3 percent,  from their peak in November 2011 This is where much of the Fed’s money printing or balance sheet … Continue reading →

Posted in Monetary Policy | Tagged , , , | 12 Comments

Bank of Japan Eases

Posted on December 19, 2012 by

Bank of Japan announced this morning it would increase its Asset Purchase Program by 10 trillion yen, from 91 trillion to 101 trillion yen. They split evenly, buying 5 trillion in T-Bills and 5 trillion in JGBs.  The Bank released … Continue reading →

Posted in Japan, Monetary Policy | Tagged , , | 3 Comments

What’s Up With Gold?

Posted on December 17, 2012 by

The Fed expanding its balance sheet by over $1 trillion next year and the Bank of Japan expected to embark on massive quantitative easing and gold can’t catch a bid.  WTF? Mark Dow over at Behavior Macro has the best … Continue reading →

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