Gloria ai Bastardi - Cap. 1

[gipa69]

Tutto l'armamentario delle aspettative...

YELLEN: DELAYING LIFTOFF TOO LONG WOULD RISK ABRUPT TIGHTENING

 

[Dogtown]

Yellen stresses a number of participants have lowered their estimates for the federal funds rate, even if the median hasn't changed much

ehehehehe

per il prox Natale tornano con tassi subzero

 

[gipa69]

 

[Dogtown]

Tutto l'armamentario delle aspettative...

YELLEN: DELAYING LIFTOFF TOO LONG WOULD RISK ABRUPT TIGHTENING

 

[gipa69]

per il prox Natale tornano con tassi subzero

Anche questa volta sono riuscito a tenere lo shadow seggio alla FED...

 

[Dogtown]

Anche questa volta sono riuscito a tenere lo shadow seggio alla FED...

 

[Dogtown]

Fed Yellen on longer-run Fed rate: "Neutral is not a policy goal. It’s an assessment."

 

[gipa69]

YELLEN: WE WANT TO MOVE IN PRUDENT, GRADUAL MANNER

YELLEN: PRUDENT TO WATCH RATE IMPACT ON FINANCIAL CONDITIONS

Oltre che graduale anche prudente... l'apoteosi del miele

 

[Dogtown]

Yellen says it wasn’t the Fed’s credibility, but rather the data, which led the Fed to hike rates. Recall that at the last meeting, in October, the Fed raised the stakes by saying a hike would be considered at the next (e.g. this) meeting. So some skeptics said the Fed boxed itself into a corner.

Since then, the U.S. economic data has been mixed — pretty good news on the jobs front, very decent numbers on the services side, and frankly awful data from manufacturing.

Yellen points out that the impact from rate hike has a lagged impact. The Fed is aiming for the economy nine months from now.

 

[gipa69]

USD Fed's Yellen: Zero rates mean less scope to respond to negative shock.

Onesta...