Follow WallStreetBlips on TwitterShould We Be Scared of Deflation?
Published 10/29/2008 by martha.c.white at The Big Money
The Federal Reserve today dropped the benchmark fed funds rate to 1 percent, a nearly unprecedented move. While the Fed has flirted with low rates before and even dropped the rate to 1 percent between June 2003 and June 2004, that was when the housing boom was in full swing and everyone was operating under the assumption there was nowhere to go but up.
read more
(link)
Tags:
Government
Federal Reserve
Deflation
Related Content
The Commercial Paper Market and the Fed’s Commercial Paper Funding Facility: Part 1 of a 2-part Series
macroblog.typepad.com 10/29/2008 — The current financial crisis is a good reminder of how interconnected our financial system really is. The financial tsunami has engulfed seemingly unconnected and obscure corners of the credit market, making them front of mind for a general public ...
macroblog.typepad.com 10/29/2008 — The current financial crisis is a good reminder of how interconnected our financial system really is. The financial tsunami has engulfed seemingly unconnected and obscure corners of the credit market, making them front of mind for a general public ...
Deflation risk
econbrowser.com 10/29/2008 — There are plenty of things to worry about in the current economic situation. But deflation isn't one of them. Greg Mankiw had a great article last weekend in which he challenged the view that macroeconomists have learned enough to prevent a repeat ...
econbrowser.com 10/29/2008 — There are plenty of things to worry about in the current economic situation. But deflation isn't one of them. Greg Mankiw had a great article last weekend in which he challenged the view that macroeconomists have learned enough to prevent a repeat ...
Can the Fed in fact pop bubbles?
marginalrevolution.com 10/29/2008 — Megan McArdle wonders : Prospectively, if you want to do it effectively, you probably need to intervene in the very early stages. The Fed raised interest rates in the late 1920s, to no effect--indeed, it encouraged foreign capital to flow ...
marginalrevolution.com 10/29/2008 — Megan McArdle wonders : Prospectively, if you want to do it effectively, you probably need to intervene in the very early stages. The Fed raised interest rates in the late 1920s, to no effect--indeed, it encouraged foreign capital to flow ...
Fed Expands Swap-O-Rama to Brazil, Mexico, South Korea, Singapore
globaleconomicanalysis.blogspot.com 10/30/2008 — In an effort to unfreeze money markets the Fed Expands Swap-O-Rama to Brazil, Mexico, South Korea, Singapore . The Federal Reserve agreed to provide $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, expanding its ...
globaleconomicanalysis.blogspot.com 10/30/2008 — In an effort to unfreeze money markets the Fed Expands Swap-O-Rama to Brazil, Mexico, South Korea, Singapore . The Federal Reserve agreed to provide $30 billion each to the central banks of Brazil, Mexico, South Korea and Singapore, expanding its ...
Real Time Economics : Ex-Fed Governor Makes Case For Zero Fed-Funds Rate
blogs.wsj.com 10/29/2008 — With the U.S. unemployment rate now expected to climb well above 7%, former Federal Reserve governor Laurence Meyer projects that Fed policymakers may have to lower the target federal-funds rate all the way to zero next year. The Federal Open Market ...
blogs.wsj.com 10/29/2008 — With the U.S. unemployment rate now expected to climb well above 7%, former Federal Reserve governor Laurence Meyer projects that Fed policymakers may have to lower the target federal-funds rate all the way to zero next year. The Federal Open Market ...
Who Needs Some Dramamine? — BARRONS.com: Tech Trader Daily 10/29/2008
I’m getting dizzy. Not more than 20 minutes ago, all of the major averages appeared to be on one of their patented end of the day tears, all of them up more than 3%. Then in the final few minutes, the entire rally evaporated. The Dow Jones ...
I’m getting dizzy. Not more than 20 minutes ago, all of the major averages appeared to be on one of their patented end of the day tears, all of them up more than 3%. Then in the final few minutes, the entire rally evaporated. The Dow Jones ...
Rate-Cut Limbo—How Low Can You Go? — The Big Money 10/30/2008
The Federal Reserve on Wednesday surprised few with its half-point interest rate cut, sending the benchmark federal funds rate to a measly 1 percent, its lowest in five years. The move surprised few, and yet the business press is still divided this ...
The Federal Reserve on Wednesday surprised few with its half-point interest rate cut, sending the benchmark federal funds rate to a measly 1 percent, its lowest in five years. The move surprised few, and yet the business press is still divided this ...
Chief financial officers: In the eye of the storm — The Economist: Full print edition 10/30/2008
Have chief financial officers ever mattered more—or been less prepared? “THERE is no Armageddon scenario,” said Keith Sherin, the chief financial officer (CFO) of GE in an interview in July with 247wallst.com, a website. Two months ...
Have chief financial officers ever mattered more—or been less prepared? “THERE is no Armageddon scenario,” said Keith Sherin, the chief financial officer (CFO) of GE in an interview in July with 247wallst.com, a website. Two months ...
Emerging markets: Unfunded mandate — The Economist: Full print edition 10/30/2008
The IMF adopts a more flexible approach TIME was when a bail-out by the International Monetary Fund was a uniformly horrid experience. Cold-eyed, sharp-suited men pored over your country’s books, demanding painful structural reforms and ...
The IMF adopts a more flexible approach TIME was when a bail-out by the International Monetary Fund was a uniformly horrid experience. Cold-eyed, sharp-suited men pored over your country’s books, demanding painful structural reforms and ...
