Advertisement

January 26, 2012

'Fool In the Shower' to Give the Fed a Scalding

Caroline Baum, Bloomberg

Send to a Friend

Long and variable lags. That’s all I could think of yesterday when I read the Federal Reserve statement and learned that economic conditions “are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014. . ."

Read Full Article ››

TAGGED: Federal Reserve System, Caroline Baum, Monetary Policy

RECOMMENDED ARTICLES

October 4, 2012
Ben May Owe Milton & Anna Another Apology
Caroline Baum, Bloomberg
October 4, 2012
Monetary Policy Can't Revive Economy
Joseph Stiglitz, Project Syndicate
Central banks on both sides of the Atlantic took extraordinary monetary-policy measures in September, sending stock markets soaring. But politicians – and markets – in both Europe and America are mistaken if they... more »
October 5, 2012
Ben's QE3 Will Turn Out Better Than Japan's
William Pesek, Bloomberg
It’s Paul Volcker time for Ben Bernanke and Masaaki Shirakawa. The heads of the Federal Reserve and Bank of Japan are facing waves of hostility from politicians, perhaps of a virulence not seen since Volcker ran the Fed... more »
October 3, 2012
Fed Easing Has Little Impact So Far: Out of Bullets?
Jeff Cox, CNBC
The Federal Reserve's latest easing program may be nicknamed "QE Infinity" on Wall Street, but it's having a very limited effect on the markets and economy so far. more »
October 9, 2012
Windy City Fed President Is Full of Hot Air
John Crudele, New York Post
Let’s hope Charles Evans is merely stupid. Evans is the president of the Federal Reserve Bank of Chicago, and next January he will become a voting member of the Fed’s Open Market Committee. more »