The Fed won't dare disappoint rate cut expectations. But data could change the long-term game.
Don't Be Surprised If Data Surprises
Monday, January 28, 2008
Soft Spot, Not Armageddon
Thursday, January 17, 2008
Look carefully at the numbers: the data just doesn't support the end-of-the-world thesis.
Helicopter Ben Takes Flight
Friday, January 11, 2008
The more Bernanke gives, the more the markets want -- and the more money gets dropped.
Thursday, January 3, 2008
The Fed is worried -- but only about credit markets, not inflation.
A Dollar Bottom?
Thursday, December 20, 2007
Not until the Fed takes inflation more seriously than it does the turmoil in credit markets.
Wednesday, December 12, 2007
The Fed is trying to help, but its clumsiness is undermining confidence rather than enhancing it.
The Fed In a Box
Thursday, November 29, 2007
What can the Fed do when markets and the media expect Armageddon -- but there's no evidence for it?
Friday, November 16, 2007
The Fed is helping the economy talk itself into a slow patch.
Fed Liquidity Runneth Over
Wednesday, November 7, 2007
A new conundrum: the Fed is injecting record liquidity, yet the funds rate is trading below target.
Hawk on the Outside, Dove on the Inside
Thursday, November 1, 2007
Yesterday's FOMC disappointed the doves, but the Fed remains tilted toward ease.