Macroblog and Calculated Risk had some discouraging graphs yesterday.
Category Archives: Federal Reserve
Fannie, Freddie, and Ben
Fed Chair Ben Bernanke had some excellent suggestions last week for congressional action on Fannie Mae and Freddie Mac.
WMDs in Iraq, “Last throes…” and… “deficits don’t matter”
According to former Secretary of Treasury Paul O’Neill, Dick Cheney is reputed to have said: “…deficits don’t matter.”
(see Suskind’s The Price of Loyalty, and online here). What’s the (updated) evidence?
Financial crises
Financial or banking panics were a recurrent theme in 19th-century U.S. economic history.
Globalization and Inflation: Thinking about Identification
Recent news articles ([1], [2]) and
blog posts (Economists View,
Big Picture) have discussed Bernanke’s March 2 speech on globalization and inflation.
Recession watch
Recent data leave me significantly more bearish than I was a month ago.
The market reads Bernanke’s lips
The Fed Chair speaks, and the market jumps. But why?
How Paul Volcker became a practical monetarist
A bit of history I only recently learned.
The housing market and the Federal Reserve
More evidence that the housing market has stabilized, consistent with the recent policy stance of the Federal Reserve.
What would Milton do?
What with next Monday apparently having been declared Milton Friedman Day, I thought I might try to contribute to the festivities with some thoughts on how recent U.S. monetary policy might be evaluated from a Friedmanesque perspective.