The Fed is hunting for animal spirits. But policy makers may not have the right ammunition to bag the big one.
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Back in 2003, when the Federal Reserve cut interest rates to 1%, the world worried that the Fed was running out of ammunition and would soon have to turn to unconventional tools. Now, in 2008, its worth asking if the Fed could run... Read Post
Remington announced a new line of hunting ammunition called Hog Hammer. As one might infer from the name, the ammo is designed specifically for hunting wild pigs. The loads use the all copper Barnes TSX bullets. The TSX, or Tripl... Read Post
Two big events have occurred/ are occurring. Charles Evans who is one of the biggest pushers for QE, stated that the Fed has “the appropriate monetary policy in place” and that the economy is “improving quite a lot.” The Bank of Jap... Read Post