newsneconomics.com - 10/23/2008
—
Today, the Federal Reserve announced that it would increase the interest paid on bank excess reserves that are held on the Fed's balance sheet. The rate rises from the lowest FOMC target rate minus 0.75% to the lowest FOMC target rate minus 0.35% (target minus 0.35%, which is 1.15%), an ...
econbrowser.com - 10/26/2008
—
econbrowser.com —
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 ...
(more)
The Federal Reserve's balance sheet
marginalrevolution.com - 10/21/2008
—
marginalrevolution.com —
Consider that the Greenspan Fed maintained a 1.75%
Fed fund for 33 months (December 2001 to September...
2004), a 1.25% for 21 months (November 2002 to August 2004), and lastly, a 1% Fed funds rate for 12+ months , (June 2003 to June 2004). Here is ...
(more)
Is the low Fed Funds rate to blame?
blogs.wsj.com - 10/29/2008
—
blogs.wsj.com —
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 ...
(more)
Real Time Economics : Ex-Fed Governor Makes Case For ...
Comments
Blog Reactions
links for 2008-10-23
Economist's View —
Some old wisdom from Jim Tobin - Dani Rodrik
The effective fed funds rate is getting close to 0% - News N Economics
Get elected. Do something good. Repeat. - Consider the Evidence
Age of green economics - Project Syndicate
Friedman vs. Microfoundations - YouNotSneaky!
From capital inflow bonanza to financial crash: Danger ahead - Vox EU
The really, really bad news about the unemployment rate - Daniel Gross
Massive Stimulus May Be ...
Dollar Falls on Rate Cut Expectations as High as 75 Basis Points
naked capitalism —
... Now some have said that cutting rates that low would merely be the Fed endorsing the fact that the effective Fed fund rate has been below 1% for a few weeks. But that may well be the result of not having worked the bugs out of some of the Fed's shiny new tools, particularly paying interest on reserves. As the blog News 'N Economics noted last week (hat tip ...
Related Content
Why is the Fed Paying Interest on Excess Reserves?
marginalrevolution.com 10/6/2008 — Today the Fed starts to pay interest on reserves. The zero interest on required reserves was an opportunity cost to banks, a tax if you like, so paying interest lifts the tax. Reducing taxes on banks at the present time makes sense and in ...
“Why is the Fed Paying Interest on Excess Reserves?”
macroblog.typepad.com 10/8/2008 — That’s the question that perplexes Alex Tabarrok . But he has a theory (which is endorsed by William Polley ):
“Today the Fed starts to pay interest on reserves. The zero interest on required reserves was an opportunity cost to banks, a tax if you ...
Fed to start paying interest on required and excess reserves
williampolley.com 10/7/2008 — From the Federal Reserve:The Financial Services Regulatory Relief Act of 2006 originally authorized the Federal Reserve to begin paying interest on balances held by or on behalf of depository institutions beginning October 1, 2011. The recently ...
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 ...
Fed Cuts Interest Rates: Does It Matter?
dailymarkets.com 12/17/2008 — The Fed has targeted 0.00-0.25% in the fed funds rate, and mortgage rates are currently moderate as well. But does it really matter?
Financial institutions have been taking out advertisements that they are willing and ready to lend. The catch? They will only lend to “qualified ...
F**K The Fed (video)
youtube.com 1/24/2009 — Think the Federal Reserve is a government institution? Think again. It's a group of privately owned banks that Congress illegally gave the right to print mon...
Fed Watch: Where Is The Rate Cut?
economistsview.typepad.com 10/7/2008 — Tim Duy says the Fed may not cut the target interest rate at its next rate setting meeting:
Where Is The Rate Cut?, by Tim Duy : On the surface, the case for a
rate cut seems obvious. But, despite an extraordinary and historic two weeks on
Wall ...
Fed Watch: More Easing Expected
economistsview.typepad.com 10/31/2008 — Today, the Fed lowered the target interest rate to 1%. Will the Fed lower the target rate even further if things don't improve?:
More Easing Expected, by Tim Duy: The FOMC performed as expected
today, delivering a 50bp cut that returns rates to ...
ZIRP Arrives: Fed Targets Interest Rates 0 to 1/4 Percent
globaleconomicanalysis.blogspot.com 12/20/2008 — Effective today, the Fed is done cutting rates. ZIRP has arrived. The Fed is targeting interest rates in a range of 0 to 1/4 percent as noted today's FOMC Press Release . Release Date: December 16, 2008 For immediate release The Federal Open Market ...
Oh No.... (Foreign Debt Bought by The Fed)
market-ticker.denninger.net 10/28/2008 —
And so it begins... and ends ... "Oct. 28 (Bloomberg) -- Korea Development Bank was approved by the Federal Reserve to sell as much as $830 million of commercial paper to the U.S. central bank." That's right - our Federal ...
The Greenspan Effect: Oops —
The Big Money 10/24/2008
" I made a mistake ": words we never thought we'd hear from a central bank chief, past or present. In a dramatic grilling on Capitol Hill on Thursday, former Federal Reserve Chairman Alan Greenspan admitted that, oops, he may have placed too much ...
Follow WallStreetBlips on Twitter
