“…the staff judged that a more pessimistic projection was no less plausible than the baseline forecast.”
Category: fed
Jay Powell Skeptical Of Full Recovery Without Vaccine. Says ‘No Limit’ To What Fed Can Do Under Lending Powers.
“There is… no limit to what we can do with these lending programs”.
Zoltan Pozsar On Money Market ‘Singularity’ And War Finance
“If the Fed is backstopping the credit market, why wouldn’t it backstop its natural habitat?”
‘No Means No’: Critics Plead With Fed To Avoid Negative Rates Amid Pressure From Trump, Markets
“We are grasping at straws and if push comes to shove, anything goes”.
Jerome Powell: The US Economy Is Drowning. Congress Needs To Spend More Or Risk Permanent Damage
“This reversal of economic fortune has caused a level of pain that is hard to capture in words.”
Market Prices In Negative Rates For US. Media, Blogs, Finance Twitter Lose Collective Mind
You can’t go wrong with “negative rates are coming to America”.
Main Street, Wall Street, Depression Carte Blanche And The Coming Witch Hunts
“We found a witch, may we burn her?”
Fed Critics Show No Class In Crisis
“It is heartbreaking to see all that threatened right now.”
Fed Says Virus Causing ‘Tremendous’ Human, Economic Suffering. Punts On IOER
“…sharp declines in economic activity and a surge in job losses.”
Bazooka Show.
If you’re in the camp that is genuinely offended by monetary largesse, this is going to a rough six months for your sanity.
As Fed Cuts Bond Buying With Balance Sheet Near $7 Trillion, Some See ‘Unqualified Good News’
Signs of stress are abating. For now, anyway.
‘The Fed Will Likely Monetize The Entire Stimulus Delivered By Congress’ (And Making The Covert, Overt)
“These are administered markets.”
As Fed’s Balance Sheet Tops $6 Trillion, Foreign Central Banks Sell Another $22 Billion In Treasurys
You can draw your own conclusions.
Fed Takes In Fallen Angels, Will Buy Junk Bonds, High Yield ETFs
Are you concerned about “fallen angel” risk in the credit market? Put differently, are you
America’s Jobless Crisis Goes Nuclear. Fed Leaps In With $2.3 Trillion In New Lending
17 million claims in three weeks versus $2.3 trillion in Fed lending.
Fed Effectively Tells Banks To Increase Leverage With Rule Upping Exposure Capacity By $1.6 Trillion
“…their exclusion will also not incentivize risk-taking by banking organizations.”
Fed: Stop Selling Treasurys Into An Illiquid Market
“This facility should [provide] an alternative temporary source of US dollars other than sales of securities in the open market”.
$586 Billion In Five Business Days: Fed’s Balance Sheet Balloons To $5.25 Trillion
Unlimited Fed buying versus a deadly, highly contagious respiratory infection. Pick a winner.
Jerome Powell To NBC: ‘We’re Not Going To Run Out Of Ammunition. That Doesn’t Happen.’
“Essentially, the answer to your question is ‘no'”.Â
Fed Does ‘Exactly What Market Needed’. Trump Considers Flouting ‘Advice Of Health Professionals’ To Save Economy
“I mean, seriously Jon, let’s get real, what do you want me to do?”
The Fed’s ‘Shock And Awe’ Part II: Open-Ended QE, Corporate Bond Buying, Credit ETF Purchases And More
The Fed on Monday morning announced open-ended QE, effectively promising to buy unlimited amounts of
COVID Carte Blanche: Political Opposition To Trillion-Dollar Stimulus Crumbles In Pandemic
“Certainly the rapidity of the collapse in markets and the unfolding economic slump has accelerated the policy response”.
The Fed’s Mini-Muni Bailout And Why It Matters
“Exigent circumstances”.
Fed Answers Market SOS, Expands Dollar Swap Lines In Crucial Move Amid FX Chaos
The new facilities will be in place for “at least six months”, the Fed said Thursday.
Fed Moves To Support Money Market Funds In Latest GFC Flashback
Are all the leaks plugged now? Somehow, I doubt it.
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