Posts Tagged ‘interest rates’

  • Monetary Policy Tool Kit

    The One Question They Should Have Asked Janet Yellen

    Nov 19, 13 • 1162 Views • No Comments

    This bingo card was tweeted by Quartz just before Fed chair nominee Janet Yellen spoke to the Senate Committee on Banking, Housing and Urban Affairs. It reminded me that Monetary Policy is not what it used to be. For years, teaching monetary policy was......  [read more]

  • Cost of the QE3

    Monetary Policy: The Cost of QE3

    Sep 20, 13 • 1112 Views • No Comments

    Quantitative easing began and continues in front of a computer. If you had visited the Fed when QE1 was being implemented, you would have seen several people, daily, sitting in front of a computer, selecting securities and then buying them. Keeping track of......  [read more]

  • Money Supply: A Cash Mystery

    Jul 10, 13 • 438 Views • No Comments

    While the demand for cash is up… We are using it less to pay for things… So, what are people doing with their cash? (Hint: Compare the total currency in circulation to denominations up to $50.) Our clue is the soaring demand for $100 bills.......  [read more]

  • punch bowl...federal reserve..Stock_000016955554XSmall

    Monetary Policy: The Punch Bowl

    Jun 28, 13 • 510 Views • No Comments

    Sort of like Max in Maurice Sendak’s, Where the Wild Things Are, the Federal Reserve sometimes says, “And now, let the wild rumpus start.” Then though, Max cries out, “Now stop!” and sends “the wild things to bed without......  [read more]

  • 16290_8.23_000009465025XSmall

    Savers or Borrowers?

    Apr 5, 11 • 721 Views • No Comments

    In 1987, a $100 savings account would have earned close to $9 in interest. In 2005, $3.75 or so. Now, maybe 47 cents? The WSJ, had a good article describing how savers are suffering. The retirees who expected to depend on interest income until they died have......  [read more]