macroblog.typepad.com - 2/7/2009
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Over at Financial Crisis and Recession , Susan Woodward and Robert Hall start a recent post, titled " The Fed contracts ," with this:
"The Fed has indicated that it plans to pursue a policy of quantitative easing , that is, expanding its portfolio by borrowing in financial markets at low ...
econbrowser.com - 2/11/2009
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econbrowser.com —
Here's my two cents on the latest two
trillion. Treasury Secretary Timothy Geithner began his remarks to...
the Senate Banking Committee this morning as follows: To get credit flowing again, to restore confidence in our markets, and restore the ...
(more)
The Treasury's Financial Stability Plan
federalreserve.gov - 2/10/2009
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federalreserve.gov —
Release Date: February 10, 2009 For release at
11:00 a.m. EST The Federal Reserve Board on Tuesday...
announced that it is prepared to undertake a substantial expansion of the Term Asset-Backed Securities Loan Facility (TALF). The expansion could ...
(more)
FRB: Press Release--Federal Reserve is prepared to ...
federalreserve.gov - 2/3/2009
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federalreserve.gov —
Release Date: February 3, 2009 For release at
10:00 a.m. EST The Federal Reserve on Tuesday announced...
the extension through October 30, 2009, of its existing liquidity programs that were scheduled to expire on April 30, 2009. The Board of Governors ...
(more)
FRB: Press Release--Federal Reserve announces extension ...
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Links 2/7/09
naked capitalism —
"Black Saturday" doesn't have much of a ring to it, does it? Josh Reviews Everything Pay Cap Debate: They Don't Go Far Enough . . .Lucien Bebchuk, Wall Street Journal CEOs, Bankers Used Corporate Credit Cards for Sex, Says New York Madam ABC (hat tip reader Tim). This would be vastly amusing, but we probably won't get names. Darn. Jobs Report: It's Worse Than It Looks Dean Baker. Thank our old friend, the birth/death model. Fed's Yellen sees dynamics similar to Depression Reuters Dry bulk freight surge 'could be shortlived' Lloyd's List (hat tip reader ...
links for 2009-02-07
Economist's View —
Contraction, not tightening - macroblog
IS, LM, and two wedges: understanding the second wedge - Nick Rowe
Why The Limits on Wall Street Pay Are For Show - Robert Reich
The Fed, Eurosystem, and Bank of Japan: Similarities and differences - voxeu.org
How to Repair a Failed System - voxeu.org
Pork is Essential for Good Health - knzn
Krugman's lessons from Japan - Greed, Green and Grains
New U.S. Plan to Help Banks Sell Bad Assets - ...
Sunday links: worst decade ever
Abnormal Returns —
... “The central bank’s balance sheet is in fact contracting. Maybe. But is it policy tightening? Doubtful.” (macroblog) ...
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Let me begin by reviewing some first principles of what the Fed is all about. How did the cash currently in your wallet get there? You withdrew it from an ATM, ...
Balance sheet of the Federal Reserve
econbrowser.com 10/8/2008 — I was astonished when I heard that the Fed is contemplating
increasing the Term Auction Facility to $900 billion. I wanted to take another look at the ever-changing balance sheet of the Fed to see how logistically Bernanke might be able to perform ...
The Federal Reserve's balance sheet
econbrowser.com 10/26/2008 — On Thursday, the Federal Reserve issued its weekly H.4.1 report , which provides details of the Fed's balance sheet. Once upon a time, this was one of the least interesting of the government's many releases of data. These days, it's become one of the ...
Quantitative easing
econbrowser.com 12/16/2008 — Today's announcement from the Federal Reserve marks the end of the road for Plan A (fighting the recession by lowering interest rates), and the beginning of ... what?
The Fed's announcement begins :
The Federal Open Market Committee decided ...
GUEST CONTRIBUTION - William Greider: Dismantle the Fed
prudentinvestor.blogspot.com 7/20/2009 — The calls for shutting down the Federal Reserve are rapidly growing into a chorus. William Greider , author of undeniably the best book about the Fed, " Secrets of the Temple - How the Federal Reserve Runs the Country " chimes in these days too. His book was my first milestone on the never ...
End the Fed
news.goldseek.com 2/5/2009 — Madame Speaker, I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a ...
Fed Watch: Fed-Treasury Accord
economistsview.typepad.com 3/24/2009 — Tim Duy on the Fed's efforts to maintain its independence: Fed Treasury Accord, by Tim Duy : The Fed and Treasury released a joint statement yesterday afternoon that was lost amid the official release of the Geithner Plan (hat tip Across the Curve ...
Quantitative easing
econbrowser.com 3/19/2009 — The U.S. Federal Reserve yesterday finally took the step many of us had been urging for some time.
Let's start with the Fed's summary of current conditions :
Information received since the Federal Open Market Committee met in January indicates ...
A Call For Greater Accountability For the Fed
nakedcapitalism.com 5/22/2009 —
It's been obvious to anyone who bothered paying attention that the Fed is increasingly acting as an extension of the Administration, without the oversight and disclosure to which the Executive Branch is subject. For instance, only the Federal ...
The March FOMC Statement
alephblog.com 3/19/2009 — Below you will see my summary of the FOMC Statement and how it changed. Before I give you that, let me summarize what I think the changes are, the market impact, and whether I think it will work.
The Changes
The Fed will expand its balance sheet massively, buying another $750 billion of ...