Category Archives: Monetary Policy

Feels Like 1997

Just back home after a week-long road trip to many major U.S. cities. The “Cranes Of Dubai”  As an economist, I am always looking for anecdotal evidence of how the local economy is doing.  What impressed me most was the … Continue reading

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ECB to end stimulus programme later this year

ECB President Mario Draghi admitted the eurozone recovery has slowed and kept record low interest rates unchanged… READ MORE : http://www.euronews.com/2018/06/14/ec…

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The Bund With A Draghi Tattoo

The consequences for global markets of an end to ECB QE will be much bigger than those associated with the end of the Fed’s QE –  Guillermo Tolosa, Oxford Economics Huge ECB meeting on Thursday.   Will Mario Draghi announce a path to normalize monetary … Continue reading

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QE And The Laurel vs. Yanny Distortion

Interesting clip from Wired,  interviewing  a neuroscientist explaining how people get the sound Laurel and Yanny name so different. The interview is profound if you take the principles and apply them to the markets.  It’s all about reading the correct … Continue reading

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EM – The Indicator Species Of Tighter Global Money?

Interesting discussion on EM last week on Bloomberg TV. See our comment yesterday on EM as one of the indicators species of tight global monetary policy.

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QOTD: Fed Chair Jay Powell

  I do not dismiss the prospective risks emanating from global policy normalization. Some investors and institutions may not be well positioned for a rise in interest rates, even one that markets broadly anticipate. And, of course, future economic conditions … Continue reading

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FOMC Statement – May 2

May 02, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen and that economic activity has been … Continue reading

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Draghi’s Monetary Policy Statement

Apr.26 — European Central Bank President Mario Draghi speaks at a news conference in Frankfurt about the economy, monetary policy and inflation after the ECB maintained its pledge to move slowly in removing euro-area stimulus. (This is his opening statement.)  … Continue reading

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Alan Greenspan on Debt, Deficit, Tax Cuts – Bloomberg

Excellent interview.   Upshot?  Inflation cometh. Apr.18 — Former Chairman of the Federal Reserve Alan Greenspan joined Bloomberg Television for a wide-ranging discussion about U.S. debt, the current rate hike path, Europe’s new direction and his reading assignment for the Republicans. … Continue reading

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Cleveland Fed Dishes On Yield Curve Signal

Check out the latest from the Cleveland Fed president,  Loretta Mester: Mester advised that there is “no evidence” for thinking that a flatter curve signals a weaker economy at this time, Reuters reported. She added that “structural factors,” such as bond-buying by central … Continue reading

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