October 7th, 2010 17:40:31 GMT

March of the hawks…


Now Tom Hoenig, the Fed’s hawk of hawks, is on the wires, saying he understands the the economy is not growing fast enough and that unemployment is too high but a quick fix (like QE) could have unintended consequences. Hoenig … Continue reading


October 6th, 2010 19:51:13 GMT

Even former Fed-heads talking QE


CNBC is interviewing Michael Moskow, former Chicago Fed chief, and he is all in favor of another round of QE owing to the slow recovery. No one is more in favor of QE than his replacement, Charlie Evans…he would have … Continue reading

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October 4th, 2010 19:36:14 GMT

Bernanke: Not out of ammo; QE works


Quite persuaded that Fed bond purchases lowered interest rates, supported economy Additional securities purchases would ease financial conditions EUR/USD is ticking up within its range with Bernanke defending QE. We trade now at 1.3682 in painfully slow trade.

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October 4th, 2010 19:29:01 GMT

Bernanke: TARP turning out okay


TARP was successful in stabilizing the financial system and it is turning out to be a pretty good investment for taxpayers. Bernanke is speaking at a town hall meeting so there should headlines crossing the wires for the next hour … Continue reading

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