hails from Goldman Sachs, where he worked as chief economist for the decade to 2007. He'll be joined on the FOMC by Kashkari and Dallas Fed president Robert Kaplan, who worked as head of Asia-Pacific investment banking, head of corporate finance and global co...
The Fed’s longstanding relationship with reporters who are allowed to attend the Fed Chair’s press conferences is akin to a master class in Stockholm Syndrome. Your survival in this room depends on your subservience to intellectual capture by the woman who ru...
The Fed is widely expected to renew standard QE (in addition to $40 billion in MBS buys monthly) in December as it runs out of short term assets to sell to buy long term (Operation Twist closes), possibly running at $85 billion a month – or, a trillion a year. It’s estimated th...