An economy cannot experience both inflation and deflation, and yet that is exactly what seems to be happening. The Fed’s exertions have produced some consumer price inflation – though not enough for diehard Keynesians – and quite a bit of asset price inflation, and yet the economy “feels” deflationary. 257 more words
Tags » FED
The stock market as a whole managed to close the day broadly higher, pulling off a late day rally into the Thanksgiving holiday break. … 176 more words
The Federal Reserve is being more transparent, trying to lead investors and the markets with better guidance on their potential actions.
They’ve now winded down their bond-buying program. 290 more words