BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Pimco's Bill Gross: Watch Out for the End of QE2]]>http://www.bloggingstocks.com/2011/03/02/pimcos-bill-gross-watch-out-for-the-end-of-qe2/http://www.bloggingstocks.com/2011/03/02/pimcos-bill-gross-watch-out-for-the-end-of-qe2/http://www.bloggingstocks.com/2011/03/02/pimcos-bill-gross-watch-out-for-the-end-of-qe2/#commentsFiled under: ,

PIMCO logoWhile controversial, the Federal Reserve's aggressive monetary policy, called Quantitative Easing 2 (QE2), has certainly been nice for investors. Not only have equities surged, but so have commodities. Nice, huh?

But according to Bill Gross, who manages the world's largest bond fund (Pimco), things may get turbulent when QE 2 ends in June. After all, where will the next big catalyst come from?

Continue reading Pimco's Bill Gross: Watch Out for the End of QE2

Pimco's Bill Gross: Watch Out for the End of QE2 originally appeared on BloggingStocks on Wed, 02 Mar 2011 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bill GrossfeaturedFederal ReserveFederalReserveinthenewsPIMCOQE2Wed, 02 Mar 2011 14:30:00 EST<![CDATA[Bernanke Finally Admits to Inflation Gain from Commodity Prices]]>http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/http://www.bloggingstocks.com/2011/03/01/bernanke-finally-admits-to-inflation-gain-from-commodity-prices/#commentsFiled under: , , , , , ,

After two years of steadily rising commodity prices, Federal Reserve chairman Ben Bernanke finally admits to it. Quoted in Bloomberg/Businessweek in his testimony before Congress Bernanke said: "Sustained rises in the price of oil or other commodities would represent a threat both to economic growth and to overall price stability, particularly if they were to cause inflation expectations to become less well anchored."

"We will continue to monitor these developments closely and are prepared to respond as necessary to best support the ongoing recovery in a context of price stability."

Continue reading Bernanke Finally Admits to Inflation Gain from Commodity Prices

Bernanke Finally Admits to Inflation Gain from Commodity Prices originally appeared on BloggingStocks on Tue, 01 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>600 billion stimulusaccountabilityBen BernankecommoditiesFederal ReserveFederalReservefoodinflationinthenewsoilTue, 01 Mar 2011 17:00:00 EST<![CDATA[Fed Officials Discuss Whether We Should Have More Inflation]]>http://www.bloggingstocks.com/2010/10/07/fed-officials-discuss-whether-we-should-have-more-inflation/http://www.bloggingstocks.com/2010/10/07/fed-officials-discuss-whether-we-should-have-more-inflation/http://www.bloggingstocks.com/2010/10/07/fed-officials-discuss-whether-we-should-have-more-inflation/#commentsFiled under: , , , , , ,

Federal ReserveThere is talk among some members of the Federal Reserve about whether we should have more inflation to spur the economy. This is a hot button. If you push it, you can start a fire that cannot be put out. That was the case in the 1970s when inflation ran rampant and interest rates shot up to 18%. Fed chairman Paul Volcker managed to put that fire out, but in the meantime the economy was thrown into a severe recession.

Fast forward to the present. The Fed has an unofficial inflation target of 1.5% to 2%. Fed members Dudley and Evans are of the mind to let inflation float above these levels for a time, and then bring it back down. They expressed their views in the Wall Street Journal.

Continue reading Fed Officials Discuss Whether We Should Have More Inflation

Fed Officials Discuss Whether We Should Have More Inflation originally appeared on BloggingStocks on Thu, 07 Oct 2010 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BernankeDudleyEvansfeaturedFed ponders more inflationFederalReserveinflationinthenewsThu, 07 Oct 2010 14:10:00 EST<![CDATA[Closing Bell: Bears Losing Arguments Faster & Faster (MOS, INTC, JPM, AA)]]>http://www.bloggingstocks.com/2010/04/14/closing-bell-bears-losing-arguments-faster-and-faster-mos-intc/http://www.bloggingstocks.com/2010/04/14/closing-bell-bears-losing-arguments-faster-and-faster-mos-intc/http://www.bloggingstocks.com/2010/04/14/closing-bell-bears-losing-arguments-faster-and-faster-mos-intc/#commentsFiled under: , ,

Today's Beige Book was effectively ignored because Ben Bernanke's testimony defended the low-rate or no-rate policies that left no concern of a Fed rate-hike rush any time soon. EIA weekly inventories showed a surprise for the bullish case based on draw downs and T. Boone Pickens called for $95 oil... And earnings are so far up in most of the DJIA components.

Here were the unofficial closing bell levels:

Dow 11,123.11 +103.69 (0.94%)
Nasdaq 2,504.86 +38.87 (1.58%)
S&P 500 1,210.65 +13.35 (1.12%)

Top Analyst Calls
Top Day Trader Alerts

Continue reading Closing Bell: Bears Losing Arguments Faster & Faster (MOS, INTC, JPM, AA)

Closing Bell: Bears Losing Arguments Faster & Faster (MOS, INTC, JPM, AA) originally appeared on BloggingStocks on Wed, 14 Apr 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>beige bookben bernankeBenBernankefederal reserveFederalReservemosaicWed, 14 Apr 2010 16:20:00 EST<![CDATA[Closing Bell: The Omnipotent Fed (AAPL, MEE, T, CMCSA)]]>http://www.bloggingstocks.com/2010/04/06/closing-bell-the-omnipotent-fed-aapl-mee-t-cmcsa/http://www.bloggingstocks.com/2010/04/06/closing-bell-the-omnipotent-fed-aapl-mee-t-cmcsa/http://www.bloggingstocks.com/2010/04/06/closing-bell-the-omnipotent-fed-aapl-mee-t-cmcsa/#commentsFiled under: , , , , ,

The market was down most of they day and it looked might it sell off more into the afternoon. That was until the Federal Reserve issued its Federal Open Market Committee for the meeting held on March 16. The Fed's message was that rates would stay at their historically low levels and would stay there for some time.

The rally after the FOMC announcement was modest, but at least it let traders continue their modest assault on the DJIA 11,000 level.

Continue reading Closing Bell: The Omnipotent Fed (AAPL, MEE, T, CMCSA)

Closing Bell: The Omnipotent Fed (AAPL, MEE, T, CMCSA) originally appeared on BloggingStocks on Tue, 06 Apr 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPLCMCSAfederal reserveFederalReservefomcmassey energyMEETTue, 06 Apr 2010 16:20:00 EST<![CDATA[SF Fed's Yellen: Interest Rates Need to Remain Low]]>http://www.bloggingstocks.com/2010/02/22/sf-fed-s-yellen-interest-rates-need-to-remain-low/http://www.bloggingstocks.com/2010/02/22/sf-fed-s-yellen-interest-rates-need-to-remain-low/http://www.bloggingstocks.com/2010/02/22/sf-fed-s-yellen-interest-rates-need-to-remain-low/#commentsFiled under: ,

Almost on cue, a member of the U.S. Federal Reserve has balanced Fed's quarter-point discount rate interest rate hike last week to 0.75% with a statement Monday that the Fed should keep interest rates very low for a while.

San Francisco Federal Reserve Bank President Janet Yellen, in a speech Monday at the University of San Diego, said, "For the time being, the economy still needs the support of extraordinarily low rates."

Yellen added, "I'm not at all convinced that a V-shaped recovery is in the cards."

Continue reading SF Fed's Yellen: Interest Rates Need to Remain Low

SF Fed's Yellen: Interest Rates Need to Remain Low originally appeared on BloggingStocks on Mon, 22 Feb 2010 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Federal ReserveFederalReserveinthenewsJanet YellenMon, 22 Feb 2010 16:30:00 EST<![CDATA[Fed Raises Bank Emergency Interest Rates]]>http://www.bloggingstocks.com/2010/02/19/fed-raises-bank-emergency-interest-rates/http://www.bloggingstocks.com/2010/02/19/fed-raises-bank-emergency-interest-rates/http://www.bloggingstocks.com/2010/02/19/fed-raises-bank-emergency-interest-rates/#commentsFiled under:

Thursday evening the Federal Reserve Bank hiked the emergency loan rate for banks from 0.50% to 0.75% effective Friday, surprising some market participants. The Fed is trying to wean banks off some of the cheap made available during the worst of the financial crisis. But this is also a tightening of monetary policy while the economy is still weak.

The Feds main discount rate remains unchanged -- somewhere between 0 and 0.25% -- so this new hike should not have a big effect on consumers.

Continue reading Fed Raises Bank Emergency Interest Rates

Fed Raises Bank Emergency Interest Rates originally appeared on BloggingStocks on Fri, 19 Feb 2010 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankeFederal reserveFederalReserveInterest ratesInterestRatesinthenewsFri, 19 Feb 2010 08:00:00 EST<![CDATA[In Rarity, ECB's Trichet Voices Public Support for Bernanke Reappointment]]>http://www.bloggingstocks.com/2010/01/28/in-rarity-ecbs-trichet-voices-public-support-for-bernanke-reap/http://www.bloggingstocks.com/2010/01/28/in-rarity-ecbs-trichet-voices-public-support-for-bernanke-reap/http://www.bloggingstocks.com/2010/01/28/in-rarity-ecbs-trichet-voices-public-support-for-bernanke-reap/#commentsFiled under: ,

Under the radar: Some trends are obvious enough and visible to all investors. Others are more subtle, but are just as potent, and these often slip 'under the radar.'

Case in point: As Senate leaders molded a late coalition to secure the reappointment of U.S. Federal Reserve Chairman Ben Bernanke to a second term as Fed Chair, the Princeton University economist and Great Depression scholar received public backing from an unexpected source: European Central Bank President Jean-Claude Trichet.

Continue reading In Rarity, ECB's Trichet Voices Public Support for Bernanke Reappointment

In Rarity, ECB's Trichet Voices Public Support for Bernanke Reappointment originally appeared on BloggingStocks on Thu, 28 Jan 2010 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BernankeECBFederal ReserveFederalReserveinthenewsTrichetThu, 28 Jan 2010 16:20:00 EST<![CDATA[U.S. Sen. Feingold Says He Will Vote Against Bernanke Renomination]]>http://www.bloggingstocks.com/2010/01/22/u-s-sen-feingold-says-he-will-vote-against-bernanke-renominati/http://www.bloggingstocks.com/2010/01/22/u-s-sen-feingold-says-he-will-vote-against-bernanke-renominati/http://www.bloggingstocks.com/2010/01/22/u-s-sen-feingold-says-he-will-vote-against-bernanke-renominati/#commentsFiled under: ,

Senator Russ Feingold, D-Wisconsin, announced Friday he will vote against U.S. Federal Reserve Chairman Ben Bernanke's re-nomination, Reuters reported, even as chatter surfaced that Senate Leaders may fall short of the 60 votes needed for the re-appointment to clear procedural hurdles. A vote on the re-nomination is expected next week.

As it stands now, the reappointment will likely require Republican votes to pass, and to-date since the start of the Obama presidency, that's been an uncertain proposition, to say the least.

Continue reading U.S. Sen. Feingold Says He Will Vote Against Bernanke Renomination

U.S. Sen. Feingold Says He Will Vote Against Bernanke Renomination originally appeared on BloggingStocks on Fri, 22 Jan 2010 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Ben BernankeFederal ReserveFederalReserveinthenewsRuss FeingoldFri, 22 Jan 2010 15:20:00 EST<![CDATA[Fed Becoming More Confident About Strengthening U.S. Recovery]]>http://www.bloggingstocks.com/2010/01/15/fed-becoming-more-confident-about-strengthening-u-s-recovery/http://www.bloggingstocks.com/2010/01/15/fed-becoming-more-confident-about-strengthening-u-s-recovery/http://www.bloggingstocks.com/2010/01/15/fed-becoming-more-confident-about-strengthening-u-s-recovery/#commentsFiled under: , ,

It appears members of the U.S. Federal Reserve's board of governors are becoming more confident about the U.S. economy's ability to hitting a critical -- and required -- phase: self-sustaining growth.

On Monday, Kansas City Fed Bank President Thomas Hoenig said the Fed should end purchases of mortgage-backed securities because the market is "healing," Bloomberg News reported Friday. Also, Philadelphia Fed Bank President Charles Plosser said Tuesday the recovery is "sustainable even as the fiscal and monetary stimulus programs eventually wind down."

Continue reading Fed Becoming More Confident About Strengthening U.S. Recovery

Fed Becoming More Confident About Strengthening U.S. Recovery originally appeared on BloggingStocks on Fri, 15 Jan 2010 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Federal ReserveFederalReserveGDPinthenewsFri, 15 Jan 2010 15:40:00 EST<![CDATA[Atlanta Fed's Lockhart Sees Modest U.S. GDP Growth in 2010, Gradual Unwinding of Easing]]>http://www.bloggingstocks.com/2010/01/11/atlanta-fed-s-lockhart-sees-modest-u-s-gdp-growth-in-2010-grad/http://www.bloggingstocks.com/2010/01/11/atlanta-fed-s-lockhart-sees-modest-u-s-gdp-growth-in-2010-grad/http://www.bloggingstocks.com/2010/01/11/atlanta-fed-s-lockhart-sees-modest-u-s-gdp-growth-in-2010-grad/#commentsFiled under: , ,

A key Fed policy maker sees the U.S. economy continuing to recover in 2010, but not at a "gangbuster" rate.

Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, in a speech Monday before the Downtown Atlanta Rotary Club, said U.S. GDP growth will continue in 2010, but will not be strong enough to lower unemployment substantially.

Continue reading Atlanta Fed's Lockhart Sees Modest U.S. GDP Growth in 2010, Gradual Unwinding of Easing

Atlanta Fed's Lockhart Sees Modest U.S. GDP Growth in 2010, Gradual Unwinding of Easing originally appeared on BloggingStocks on Mon, 11 Jan 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Dennis LockhartFederal ReserveFederalReserveinthenewsMon, 11 Jan 2010 15:00:00 EST<![CDATA[Fed Hints at an Exit Plan for Its Emergency Support Measures]]>http://www.bloggingstocks.com/2009/12/17/fed-hints-at-an-exit-plan-for-its-emergency-support-measures/http://www.bloggingstocks.com/2009/12/17/fed-hints-at-an-exit-plan-for-its-emergency-support-measures/http://www.bloggingstocks.com/2009/12/17/fed-hints-at-an-exit-plan-for-its-emergency-support-measures/#commentsYesterday's Federal Reserve can be viewed in two parts. First we have the restatement of the Fed's low interest rates, by keeping the Fed Funds rate at 0 -- 25% for an "extended period."

It repeated that economic activity was improving. Specifically, housing and consumer spending were up a bit. The unemployment picture, while still weak, is showing signs of bottoming.

But this is not the real news. In a detailed statement the Fed explained how it would exit its emergency programs. It said that it would still buy $1.25 trillion dollars of agency mortgaged backed securities and $175 billion of agency debt. What is significant is that it will terminate these programs during the first quarter of 2010. This is the first piece of hard news from the Fed since these programs began.

Continue reading Fed Hints at an Exit Plan for Its Emergency Support Measures

Fed Hints at an Exit Plan for Its Emergency Support Measures originally appeared on BloggingStocks on Thu, 17 Dec 2009 15:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>federal reserveFederalReserveinthenewsThu, 17 Dec 2009 15:20:00 EST<![CDATA[The Fed decision: Ending extraordinary measures but no monetary tightening]]>http://www.bloggingstocks.com/2009/12/16/the-fed-decision-ending-extraordinary-measures-but-no-monetary/http://www.bloggingstocks.com/2009/12/16/the-fed-decision-ending-extraordinary-measures-but-no-monetary/http://www.bloggingstocks.com/2009/12/16/the-fed-decision-ending-extraordinary-measures-but-no-monetary/#commentsFiled under: , , , , , , , ,

The Federal Reserve Open Market Committee (FOMC) issued its statement indicating again that interest rates will remain low for an extended period of time. The decision was unanimous.

The Fed continues to avoid any potential language which could disrupt the financial markets. Chairman Bernanke, a student of the Great Depression, does not want to do anything to damage the current stabilization in the economy.

Continue reading The Fed decision: Ending extraordinary measures but no monetary tightening

The Fed decision: Ending extraordinary measures but no monetary tightening originally appeared on BloggingStocks on Wed, 16 Dec 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ben bernankeBenBernankecurrencyfeaturedfederal reserveFederalReservefomclendingWed, 16 Dec 2009 17:00:00 EST<![CDATA[Producer prices rise a hefty 2.4% in November]]>http://www.bloggingstocks.com/2009/12/15/producer-prices-rise-a-hefty-2-4-in-november/http://www.bloggingstocks.com/2009/12/15/producer-prices-rise-a-hefty-2-4-in-november/http://www.bloggingstocks.com/2009/12/15/producer-prices-rise-a-hefty-2-4-in-november/#commentsFiled under: , ,

All is not well in paradise. Producer prices rose 2.4% in November. While this the first gain this year, the size of the jump was much more than expected and the highest since October 2008. At than time we were coming off record oil prices. Analysts had expected a meager 1.6% rise, a surge in energy prices in the past month contributed to a much higher rise.

The Federal Reserve is meeting today and tomorrow. The Fed will then issue its policy statement on interest rates. It is expected that interest rates will remain low. All eyeballs are on whether the Fed will still include the words: "Extended period."

Continue reading Producer prices rise a hefty 2.4% in November

Producer prices rise a hefty 2.4% in November originally appeared on BloggingStocks on Tue, 15 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>featuredfederal reserveFederalReservegasoline pricesGasolinePricesinflationproducer pricesProducerPricesTue, 15 Dec 2009 10:00:00 EST<![CDATA[Will the Federal Reserve start raising interest rates?]]>http://www.bloggingstocks.com/2009/12/07/will-the-federal-reserve-start-raising-interest-rates/http://www.bloggingstocks.com/2009/12/07/will-the-federal-reserve-start-raising-interest-rates/http://www.bloggingstocks.com/2009/12/07/will-the-federal-reserve-start-raising-interest-rates/#commentsFiled under: , ,

The U.S. economy lost only 11,000 jobs last month. The unemployment rate fell to 10%, from 10.2% Good news, right?

For the Federal Reserve, the new set of variables spells confusion for its stated policy: Interest rates will remain low for an "extended period."

Now the Fed is getting closer to the day when it will raise interest rates. While one month of low jobless numbers is not sufficient to say a trend has started, it will certainly bear upon the policy statement at the Fed meeting on December 15-16.

Continue reading Will the Federal Reserve start raising interest rates?

Will the Federal Reserve start raising interest rates? originally appeared on BloggingStocks on Mon, 07 Dec 2009 08:20:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>federal reserveFederalReserveinterest ratesInterestRatesinthenewsMon, 07 Dec 2009 08:20:00 EST<![CDATA[Federal Reserve conducts 'reverse repos']]>http://www.bloggingstocks.com/2009/12/03/federal-reserve-conducts-reverse-repos/http://www.bloggingstocks.com/2009/12/03/federal-reserve-conducts-reverse-repos/http://www.bloggingstocks.com/2009/12/03/federal-reserve-conducts-reverse-repos/#commentsFiled under: , , ,

This post is quite short, yet very important. For the first time, the Fed is conducting "Reverse repos."

Why is this so significant? For the past year the Fed has been doing "repos." A repo is when the Fed steps in and buys Treasury securities. The effect is to create a credit on bank balance sheets and consequently give them more lending power.

Continue reading Federal Reserve conducts 'reverse repos'

Federal Reserve conducts 'reverse repos' originally appeared on BloggingStocks on Thu, 03 Dec 2009 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>federal reserveFederalReservereverse repoReverseReposecuritiesThu, 03 Dec 2009 17:30:00 EST<![CDATA[Worried about his job, Bernanke now presses for financial reforms]]>http://www.bloggingstocks.com/2009/12/01/worried-about-his-job-bernanke-now-presses-for-financial-reform/http://www.bloggingstocks.com/2009/12/01/worried-about-his-job-bernanke-now-presses-for-financial-reform/http://www.bloggingstocks.com/2009/12/01/worried-about-his-job-bernanke-now-presses-for-financial-reform/#commentsFiled under: , ,

On Thursday, Federal Reserve Chairman Ben Bernanke will appear before the Senate Banking Committee. The purpose of the meeting is to decide whether he will be reappointed for a second term as Fed chairman.

He must be a bit nervous. He has taken to the stump, touting his accomplishments and desires for fiscal reform. He is being charged by some members of Congress for not being vigilant enough during the financial meltdown. Representative Ron Paul (R., Texas) already sponsored a provision in a committee that would audit the Federal Reserve more than it already is. Both the House and Senate are looking at ways to strip Bernanke of some of his powers. They would relegate him to managing interest rates.

Continue reading Worried about his job, Bernanke now presses for financial reforms

Worried about his job, Bernanke now presses for financial reforms originally appeared on BloggingStocks on Tue, 01 Dec 2009 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankefeaturedfederal reserveFederalReserveTue, 01 Dec 2009 09:40:00 EST<![CDATA[Fed signals low rates will continue 'for an extended period']]>http://www.bloggingstocks.com/2009/11/06/fed-signals-low-rates-will-continue-for-an-extended-period/http://www.bloggingstocks.com/2009/11/06/fed-signals-low-rates-will-continue-for-an-extended-period/http://www.bloggingstocks.com/2009/11/06/fed-signals-low-rates-will-continue-for-an-extended-period/#commentsFiled under: , , ,

Is a Fed rate tightening up ahead any time soon? Despite concern that low, real, short-term interest rates are hurting the dollar. Don't count on it.

First, the U.S. Federal Reserve wants to encourage banks to lend -- for auto purchases, and especially for business loans -- and nothing prompts banks to lend, even in tighter capital times, like low-interest-rate or zero-interest-rate money.

Continue reading Fed signals low rates will continue 'for an extended period'

Fed signals low rates will continue 'for an extended period' originally appeared on BloggingStocks on Fri, 06 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Federal ReserveFederalReserveinterest ratesunemploymentFri, 06 Nov 2009 16:40:00 EST<![CDATA[The Fed decision: almost exactly as expected!]]>http://www.bloggingstocks.com/2009/11/04/the-fed-decision-almost-exactly-as-expected/http://www.bloggingstocks.com/2009/11/04/the-fed-decision-almost-exactly-as-expected/http://www.bloggingstocks.com/2009/11/04/the-fed-decision-almost-exactly-as-expected/#commentsFiled under: , , , , , ,

The Federal Reserve Open Market Committee (FOMC) issued its statement almost exactly as expected. The language on interest rates is remaining low for an extended period of time remained largely unchanged, and the decision was unanimous.

As I have mentioned earlier, the Fed continues to avoid any potential language which could disrupt the financial markets. Any potentially controversial ideas seem to be reserved for speeches by the Chairman and other government officials.

Continue reading The Fed decision: almost exactly as expected!

The Fed decision: almost exactly as expected! originally appeared on BloggingStocks on Wed, 04 Nov 2009 15:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bernankefeaturedfederal reserveFederalReservemonetary policyMonetaryPolicyWed, 04 Nov 2009 15:45:00 EST<![CDATA[Ray of light: U.S. Treasury cuts October quarter borrowing estimate ]]>http://www.bloggingstocks.com/2009/11/03/ray-of-light-u-s-treasury-cuts-october-quarter-borrowing-estim/http://www.bloggingstocks.com/2009/11/03/ray-of-light-u-s-treasury-cuts-october-quarter-borrowing-estim/http://www.bloggingstocks.com/2009/11/03/ray-of-light-u-s-treasury-cuts-october-quarter-borrowing-estim/#commentsFiled under: , ,

One modest ray of light on the fiscal front for the United States: the U.S. Treasury, as expected, announced that total borrowing for the current quarter (October quarter) will be 43% lower, as a result of a reduction in money needed to help the U.S. Federal Reserve manage its balance sheet.

The Treasury said net borrowing will total $276 billion for October through December, compared to the previous estimate of $486 billion. The Treasury also projects a borrowing of $478 billion for the January-March quarter.

Continue reading Ray of light: U.S. Treasury cuts October quarter borrowing estimate

Ray of light: U.S. Treasury cuts October quarter borrowing estimate originally appeared on BloggingStocks on Tue, 03 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>budget deficitfeaturedfederal reserveFederalReserveU.S. TreasuryTue, 03 Nov 2009 17:00:00 EST