Tag Archives: Fed

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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Federal Reserve issues FOMC statement – March 21

March 21, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EDT Information received since the Federal Open Market Committee met in January indicates that the labor market has continued to strengthen and that economic activity has been … Continue reading

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QOTD: Sheep Logic

Active central bank Narrative construction in the service of their policy goals is a permanent change in our market dynamics.  – Ben Hunt, Epsilon Theory

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Fed Day With Extremely Loose Financial Conditions

Today is the day,  folks. The consensus is the Fed announces the start of quantitative tightening (QT).   History in the making. Draining Liquidity Though monetary tightening officially began in December 2015,  this will be the first time the Fed drains … Continue reading

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Fed Ownership of Yield Curve and Balance Sheet Reduction

Here you have it, folks, a one stop chart. The chart below shows the total outstandings of Treasury bonds and notes,  the Fed ownership of the total maturities and percentage of outstandings in each year of maturity (note, the data … Continue reading

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U.S. Banks Primed And Ready To Roll – Expect the Unexpected

We’ve been busy crunching numbers on the consolidated balance sheet of U.S.-chartered depository institutions and comparing their mix of assets relative to their pre-crisis levels. The large U.S. banks begin reporting earnings on Friday. The Coming Credit Led Expansion Our … Continue reading

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Fighting the Fed – FT

John Authers looks at the consequences as the worst start to a year in stock market history continues apace For more video content from the Financial Times, visit http://www.FT.com/video (click here if video is not observable)

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Fed caught in a bind – FT

Bond market veteran Dan Fuss from Loomis Sayles discusses whether traders are prepared for an interest rate increase and the outlook for further rises in 2016. For more video content from the Financial Times, visit http://www.FT.com/video

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The ascent of the hawks at the Fed? – FT

As the US labour market recovers, should investors brace themselves for an earlier rate rise? Gavyn Davies, chairman of Fulcrum Asset Management, explains to FT global economy news editor Ferdinando Giugliano why the Fed is unlikely to change its course … Continue reading

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Central Banks (and Stock Markets) Gone Wild

(click here if video is not observable)

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