This paper analyses empirically, using multivariate Granger-causality tests, the effects of federal deficits on short-term interest rates. Four deficit measures—the national income accounts measure, a flow-of-funds measure, the cyclically-adjusted deficit, and the change in the market value of priva...
Trump has argued that as president, he should have a voice in the central bank’s interest rate decisions. The Fed has long guarded its role as an independent agency able to make difficult decisions about borrowing rates, free from political interference. Yet in his previous term...
Mortgage interest rates dropped in early 1998 to nearly the lowest level in several decades. As mortgage rates moved down, refinancing activity surged, flooding some mortgage investors with funds for reinvestment at a time when a broader array of fixed-income investments also were offering lower yie...
Federal Reserve cuts interest rates for third time in seven weeks
The Washington Center's Federal Internship Programs Interest Form Please use this form to express your interest in TWC's Funded Federal Internships. To learn more about our different programs, please visit twc.edu/programs/federal. You have the option to upload your resume, however, this is ...
The paper recommends repealing the Fed's power to pay interest on bank reserves. Second, the Fed should repeal regulation Q that prohibits payment of interest on demand deposits. Third, the Fed should immediately implement an alternative system of asset based reserve requirements (liquidity ratios)...
Federal Circuit Rules in Favor of Public Interest Group Standing at PTAB,JonesDay