Category Archives: fiscal and monetary policy

Bernanke on Housing: No Sign of a Rate Cut

Bloomberg says that “Bernanke didn’t discuss monetary policy in his remarks,” but the speech reads very much to me as though he’s saying that the Fed is not going to cut interest rates in response to housing-market weakness.
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Time For a Fed Statement Overhaul

In the wake of all the Kremlinology spurred by yesterday’s Federal Reserve meeting, I’m wondering if it might not be time to revisit the manner in which the Fed releases its statements.
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