Tag Archives: fomc meeting
Let the Games Begin!
Monetary policy took center stage this week. On Tuesday and Wednesday, the Federal Open Market Committee (FOMC) huddled up, licked their collective index finger, held it up to the wind, and then commanded how they would intervene in credit markets. Continue reading
Why the FOMC Wants to Cut Rates
Capital follows a wide-ranging lifecycle. First it is imagined. Then it is produced. Later it is consumed. Ultimately, it is destroyed. How exactly this all takes place involves varying and infinite undulations over decades and centuries. Continue reading
The Rug Yank Phase of Fed Policy
The political differences of today’s leading two parties are not over ultimate questions of principles. Rather, they’re over opposing answers to the question of how a goal can be achieved with the least sacrifice. For lawmakers, the goal is to … Continue reading
