Finally the details . . .
The ECB said the combined monthly purchases which includes ABS and covered bonds and now include sovereign and agency bonds will total...
FR, ECB, BoJ: Central Banking’s Grand Experiment
Central bankers, most of them versed in the history of the Great Depression and deflation, haven’t been exactly reading from the...
Switzerland
Switzerland David R. Kotok January 15, 2015 Switzerland’s abrupt removal of the cap on the Swiss franc’s value against...
1% on 10-year Note?
1% on 10-year Note? David R. Kotok Cumberland Advisors, January 13, 2015 “What if the Fed doesn’t raise...
Draghi? Draghi. Draghi!
Draghi? Draghi. Draghi! David R. Kotok January 3, 2015 A German newspaper reports Mario Draghi’s denial of interest in...
Fed: The Replacement of Safe Assets: Evidence from the U.S....
Although U.S. investors continue to tap foreign financial markets for “safe” assets, we show that the type of foreign...
Yellen’s Jackson Hole Speech: Labor Market Dynamics and...
Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014 ...
Why Do So Many People Hate QE?
Why Do So Many People Hate QE? Outgoing Federal Reserve Chairman Ben Bernanke managed to thread the needle yesterday. Bloomberg, December...
Five Questions about the Federal Reserve and Monetary Policy
Five Questions about the Federal Reserve and Monetary Policy Chairman Ben S. Bernanke At the Economic Club of Indiana, Indianapolis,...