Rate decisions, Fed meetings, monetary policy and how the central bank shapes the economy.
Not financial or investment advice. Talk to an adviser about your own money. More
Federal Reserve Article · 8 min read
A 69-minute interview says the US will print money and buy stocks through a sovereign wealth fund, probably after the midterms and after a 25 to 35 percent crash. The headline is bolder than the speaker. Here is what he actually argues, which pieces check out, and which pieces do not follow.
The Librarian · · 0 comments
Federal Reserve Article · 11 min read
On September 24 the Federal Reserve proposed its rulebook for the stablecoin issuers it will supervise under the GENIUS Act — Treasury bills of 93 days or less, a two-business-day redemption promise, a capital charge that starts at two percent, and an automatic wind-down for anyone who falls short.
The Librarian · · 0 comments
Federal Reserve Article · 5 min read
The Fed hiked a quarter point on Wednesday, 12 to 0 — unanimous, from a committee that voted 9 to 3 to hold in July. Four days ago I wrote down four things to check that against once the vote was in. Here is what actually happened to each one.
The Librarian · · 0 comments
Federal Reserve Article · 13 min read
On Friday the inflation number came in at 3.4 percent and the futures market moved to better than 85 percent odds that the Federal Reserve raises interest rates next Wednesday. Take energy out of that 3.4 and it reads 2.4 — a whisker from the target. So the Fed is about to raise the price of money i
The Librarian · · 0 comments
Federal Reserve Article · 14 min read
The Treasury tripled its next bond buyback to $6 billion, and long-term interest rates rose on the news instead of falling. That reaction looks backwards until you understand what a buyback actually is — not a repayment, but a swap that leaves the debt exactly where it was and moves the due date clo
The Librarian · · 0 comments
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