The dollar is Treasury’s responsibility; we look at the health of the domestic economy. Not my job, mon…
Worried that exchange rate problems will lead to more protectionism
Lockhart is moderately hawkish, so this is important. That sound you hear is the QE2 leaving her berth. Sees easing as further insurance against disinflation turning into deflation Favors adopting more explicit inflation objective Speculation of Fed easing has contributed … Continue reading
…at the Boston Fed conference. He just said that the US will not end up in deflation like Japan with or without QE. Fisher is one of the handful of QE skeptics on the FOMC….
It’s a headline on Reuters. I’m awaiting details. Seems a strange one. I would have thought there was a fair degree of clarity. OK maybe not about exact amounts, but sounds like they’re almost certain to do an appreciable amount of QEII.
“If you reach the conclusion that we are in a liquidity trap, or even near a perilous liquidity trap, more accommodation is not data-dependent or a close call,” the regional bank chief said in a speech in Boston today. He … Continue reading