FED STATEMENT AT 2:00 P.M.
At 2:00 PM the Fed’s FOMC meeting concludes. There is near universal consensus the Committee will increase the ...
At 2:00 PM the Fed’s FOMC meeting concludes. There is near universal consensus the Committee will increase the ...
Quantitative tightening (QT) is about to commence. The Central Bank has solidified plans for trimming its $9 trillion balance sheet starting ...
The outcome of the long awaited FOMC meeting will be known Wednesday afternoon. As widely discussed, the central bank will ...
The Fed Minutes signaled that a formal decision on a reduction of its massive bond paying program could happen in 2021. Many, including me, thought the Fed would...
Federal Reserve Governor Lael Brainard reiterated yesterday well know known Federal Reserve talking points. She stated it will take “some time” to meet the conditions laid out by the Fed for reducing the pace of its massive asset purchases of ...
Many times, I have commented about liquidity issues and how it relates to the repo market. As widely discussed the Fed is intervening into the “plumbing of the markets” on a daily basis since ...
A major question at hand is year-end interbank liquidity. Historically (pre 2007) demand spikes during the final two weeks of the year as banks close out their books. ...
Life is stranger than fiction. Saudi Arabia says attacks were “unquestionably” sponsored by Iran; an attack that caught all flat footed and was thought impossible. As noted the other day, this is a massive escalation, perhaps on the same level as the Iraqi...