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The Federal Reserve decided to continue their “Operation Twist” program until the end of the year. It was scheduled to expire this month. The vote of the Federal Open Market Committee was nearly unanimous, with only Jeffrey Lacker of the Federal Reserve Bank of Richmond opposing the move. Here’s the full policy statement by the [...]
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Richmond Federal Reserve President Jeffrey Lacker continues to position himself as the lone voice crying in what he believes to be an ever-inflating wilderness. In a statement released last evening, Lacker discussed his dissent in t... Read Post

The Federal Open Market Committee will make its hugely anticipated announcement about its next monetary moves at 2 pm today. To mark the occasion, we figured we'd come up with a playlist to get you pumped. While there are many songs... Read Post

The Federal Reserve’s policy committee met Tuesday and Wednesday, and the world is waiting for the results. At  2 p.m., the Federal Open Market Committee will release both a statement announcing its policy stance and the committee’s... Read Post