Federal Reservations

“The Federal Reserve Bank of Cleveland reported today that its latest estimate of 10-year expected inflation is 1.34 percent. In other words, the public currently expects the inflation rate to be less than 2 percent on average over the next decade.

The Cleveland Fed’s estimate of inflation expectations is based on a model that combines information from a number of sources to address the shortcomings of other, commonly used measures, such as the “break-even” rate derived from Treasury … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Originally from DailyMarkets.com

Federal Reserve Chairman Ben Bernanke tells community bankers that he recognizes that the central bank’s low interest rates hurts their profitability, but he contends the policy is necessary to drive the economic recovery.

Originally from MarketWatch

Federal Reserve Chairman Ben Bernanke tells community bankers that he recognizes that the central bank’s low interest rates hurts their profitability, but he contends the policy is necessary to drive the economic recovery.

Originally from MarketWatch

From the comments section:

…convinced the agency to now give energy it’s due….

…has been abandoning it’s libertarian bearings over the last couple of years…

…is Cuba is prepared to allow it’s citizens…

… or what it’s impacts are likely to be…

…The Fed has the ability to manipulate the rate toward it’s target…

…in it’s current incarnation, wind power makes no sense…

…is definitely it’s own economy…

…more than twice it’s current value…

…which abandoned … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Originally from DailyMarkets.com

Federal Reserve Chairman Ben Bernanke told community bankers that he recognizes that the central bank’s low interest rates hurts their profitability, but he added that the policy is necessary to drive the economic recovery.

Originally from MarketWatch

Only a few member of the Federal Reserve favored more bond purchases with new money, according to the minutes of the last meeting released Wednesday.

Originally from MarketWatch

Only a few member of the Federal Reserve favored more bond purchases with new money, according to the minutes of the last meeting released Wednesday.

Originally from MarketWatch

This gigantic flood of extremely inexpensive high-powered money does have a major impact, not in the real economy, but in the liquid investment markets.    Free money sets a very low hurdle for a short-term investment and as long as the transaction has decent liquidity, why not do the trade.  As a result, almost every equity, commodity, and credit market is moving higher.    High beta currencies are moving higher as well, as risk is clearly on the front foot.  This positive mood began at the start of October, a bit more than a week after Bernanke announced the start of ‘Operation Twist,’ a subtle way to improve the profits of the banks and increase the risk of the Fed without expanding its balance sheet.

Originally from The Market Oracle

Federal Reserve Chairman Ben Bernanke made a renewed push for programs to convert foreclosed homes into rental units as another mechanism to help revive the housing market.

Originally from MarketWatch

Federal Reserve Chairman Ben Bernanke made a renewed push for programs to convert foreclosed homes into rental units as another mechanism to help revive the housing market.

Originally from MarketWatch