online.wsj.com - 11/20/2008
—
Federal Reserve policy makers now expect the U.S. economy to contract for as much as a year, with the risk that the slowdown could persist for even longer. The committee, in FOMC minutes, said it "would take whatever steps were necessary to support the recovery." (Minutes)
federalreserve.gov - 11/20/2008
—
federalreserve.gov —
Release Date: November 19, 2008 For release at
2:00 p.m. EST The Federal Reserve Board and the...
Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on October 28-29, 2008 and of the conference calls ...
(more)
FRB: Press Release--Minutes of Federal Open Market ...
Comments
Blog Reactions
links for 2008-11-20
Economist's View —
... - Stephen Gordon
GM solution: Chapter 11 with government restructuring finance - Vox EU
How Obama can energise the economy - FT
Long Tail stops wagging - Whimsley
Health Insurers Offer to Accept All Applicants, on Condition - NYTimes.com
Regenerating a Mammoth for $10 Million - NYTimes.com
FBR: Financial System Still Needs $1.0-$1.2 Trillion - Real Time Economics
FOMC Minutes Signal Fed Is Open to More Rate Cuts - WSJ.com ...
Related Content
Fed Cuts Rate to Zero-0.25%, Will Use All Tools (Update1)
bloomberg.com 12/16/2008 — Dec. 16 (Bloomberg) -- The Federal Reserve cut the main U.S. interest rate to “a target range” of between zero and 0.25 percent and said it will do whatever is needed to end the longest recession in a quarter-century and revive credit. The Fed “will ...
Fed Cuts Rate to as Low as Zero, Shifts Policy Focus (Update3)
bloomberg.com 12/16/2008 — Dec. 16 (Bloomberg) -- The Federal Reserve cut the main U.S. interest rate to as low as zero for the first time and shifted its focus to the amount and type of debt it buys, seeking to revive credit and end the longest slump in a quarter- century. ...
Fed Cuts Benchmark Rate to Near Zero
nytimes.com 12/16/2008 — Having reduced its key rate to a record low, the Fed said that it would use “all available tools” to fight the recession and downward pressure on prices. >
Fed Minutes: Pain & Unemployment Ahead
247wallst.com 1/6/2009 — The minutes from the December FOMC meeting where rates were essentially taken to zero have now been released. What is interesting here is that there is very...
Which Way Wednesday - Fed Edition
philstockworld.com 5/20/2009 — Fed days are always great fun .
Although it’s just the minutes and not a policy decision, often the minutes of the Fed meeting move the market more than the decision itself. Sure a cynic may say that the reason for this is that the minutes are less meaningful and they are just ...
What's the Fed funds rate?
themessthatgreenspanmade.blogspot.com 10/3/2008 — Those thinking that a rate cut from the Federal Reserve may soon follow the passage of the $700 billion bailout bill would already be a couple weeks behind "events on the ground". While the rate cut has not yet been formalized, an event that will ...
More rate cuts around the world
themessthatgreenspanmade.blogspot.com 11/6/2008 — Quarter-point interest rate cuts seem so passé in the new world financial order. It seems that, if you're going to cut interest rates, you need to cut by at least a half-point, otherwise your central banker friends are going to laugh at you. In the ...