Tuesday, 28 March 2017

Monthly Archives February 2010

The Signals of the Fed

Posted by Tom Duncan
February 19, 2010

The Fed made what it claims is a minimal change in strategy today, as it raised the emergency loan rate today from 0.5%. According to the Wall Street Journal, “The Fed said the move wasn’t meant to affect monetary policy…” Yet in a realm as dependent upon expectations as monetary policy, how could a marked […]

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Will Bernanke’s Exit Strategy Work?

Posted by Tom Duncan
February 19, 2010

“On Wednesday, February 10, Federal Reserve Chairman Ben Bernanke was expected to appear before the House Committee on Financial Services to testify on the Fed’s extraordinary measures taken during the financial crisis, and how the Fed is planning to unwind them. Though cancelled by the “snowmageddon” that hit the DC area, has been published on […]

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“Japan’s Central Banker Rejects Setting Inflation Target”

Posted by Tom Duncan
February 19, 2010

“Inflation targeting has become a favored policy among many central banks world-wide, but the BOJ has resisted it, fearing Japan’s strong downward bias in prices would prevent the bank from ever raising interest rates. Instead it has relied on a softer price guidance in determining policy. The bank uses a range between 0% and 2% […]

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“The Gold Standard”

Posted by Tom Duncan
February 19, 2010

Lawrence H. White speaks to students attending FEE’s 2009 Young Scholars Colloquium at Northwood University. To see the full video, please go here. “The Gold Standard” Lawrence H. White Young Scholars Colloquium, July 16, 2009. Via the Foundation for Economic Education

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“U.S. Expected to Press China on Yuan”

Posted by Tom Duncan
February 18, 2010

“The mounting political tension between U.S. and China is poised to take on a more pronounced economic component—with Washington, in coming months, expected to press China over what officials see as an undervalued yuan. This week, China is facing off with the U.S. over President Barack Obama’s planned meeting Thursday with the Dalai Lama, who […]

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“Stagflation Comes to the U.K.”

Posted by Tom Duncan
February 17, 2010

“Inflation in the U.K. hit 3.5% annually in January, a level that required central banker Mervyn King to write a letter of explanation to the Treasury. Mr. King lays the blame for the price uptick largely at the feet of idiosyncratic factors. These include the Jan. 1 increase in the VAT rate to 17.5% from […]

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