| Title |
Date |
Publication |
Author(s) |
Type |
| Steady on Policy Rate, but Alert to Inflationary Pressures
|
June, 2008 |
|
Sarah Wakefield; John B Carlson; |
Economic Trends |
| Abstract: The Federal Open Market Committee left its target for the federal funds rate unchanged at 2 percent on June 25. This outcome surprised few: The market’s assessment of the probability of a rate change never rose above 25 percent during the intermeeting period. In its post–meeting statement, the FOMC noted that “[t]ight credit conditions, the ongoing credit contraction, and the rise in energy prices are likely to weigh on economic growth over the next few quarters.” Moreover, “the Committee expects inflation to moderate later this year and next year.”
|
top |
| Supplying Liquidity: The Tried and True and the New
|
May, 2008 |
|
Sarah Wakefield; Bruce A Champ; |
Economic Trends |
| Abstract: With the onset of financial turmoil in the fall of 2007, the Federal Reserve has implemented a number of facilities to enhance market liquidity and the functioning of financial markets. Despite the new liquidity-providing facilities, measures of liquidity pressures remain elevated. On April 30, 2008, the Federal Open Market Committee (FOMC) voted to lower its target for the federal funds rate by 25 basis points to 2 percent. Since this latest round of rate cuts began in September 2007, the federal funds rate has been lowered a total of 3.25 percent.
|
top |
| Down Another Seventy-Five
|
March, 2008 |
|
Sarah Wakefield; Charles T Carlstrom; |
Economic Trends |
| Abstract: On March 18, 2008, the Federal Open Market Committee (FOMC) voted to lower its target for the federal funds rate by 75 basis points to 2.25 percent.To address pressures in financial markets, the Federal Reserve has not only cut the funds rate, it has also created two new lending programs, the Term Auction Facility and the Term Security Lending Facility.
|
top |
| Another Move, but with Less Surprise
|
January, 2008 |
|
Sarah Wakefield; John B Carlson; |
Economic Trends |
top |
| The Funds Rate, Liquidity, and the Term Auction Facility
|
December, 2007 |
|
Sarah Wakefield; Charles T Carlstrom; |
Economic Trends |
top |
| Inflation Expectations
|
December, 2007 |
|
Sarah Wakefield; John B Carlson; |
Economic Trends |
top |
| Financial Markets: Settling but Cautious
|
November, 2007 |
|
Sarah Wakefield; |
Economic Trends |
top |
| The Well-Anticipated Rate Cut
|
October, 2007 |
|
Sarah Wakefield; John B Carlson; |
Economic Trends |
top |
| Reserve Market Rates and Discount Window Lending
|
October, 2007 |
|
Sarah Wakefield; Bruce A Champ; |
Economic Trends |
top |
| Household Financial Conditions
|
September, 2007 |
|
Sarah Wakefield; Bruce A Champ; |
Economic Trends |
top |
| Providing Liquidity
|
January, 2007 |
|
Sarah Wakefield; Bruce A Champ; |
Economic Trends |
top |
