The main observation we take away from the FOMC Minutes : UNCERTAINTY OVER THE IMPACT OF RISING ENERGY PRICES Here is a brief recap of the internal debate surrounding the impact of expensive energy prices, using excerpts from the release.... In discussing intermeeting developments and their implications...
Today, the U.S. Department of the Treasury announced that it will begin the orderly wind down of its remaining portfolio of $142 billion in agency-guaranteed mortgage-backed securities (MBS). Excerpts from the Presser... Starting this month,Treasury plans to sell up to $10 billion in agency-guaranteed...
The scene from this movie was obviously a horrible period in history, but this take on it cracks me up every time: http://www.youtube.com/watch?vbNmcf4Y3lGM My uncle used to say, "Do not corner something that you know is meaner than you." Or bigger, for that matter. Speaking of big, the numbers...
New York Fed purchases $33 billion net ($47 billion gross) in agency mortgage-backed securities.