Tag Archive | "federal reserve bank"

The Roundup September 29

The Roundup September 29

For the real estate agent, it’s a “starter home.” For the seller, it’s a “fixer-upper.” For the buyer, it’s a “pile of crap.” If they can agree on a price, for the statistician, it’s an “outlier.” Here endeth the statistics lesson. Housing prices have gone up for the third straight month! Unless, of course, housing [...]

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So what exactly is a reverse repo and why should I care?

So what exactly is a reverse repo and why should I care?

Don’t panic! I’m an economist! Last week, Ben Bernanke announced that the recession maybe just possibly could be there’s a chance cross your fingers might be over. Unless, he added, maybe just possibly could be there’s a chance the recession might not be over. Today, news leaked that the Fed is drawing up plans to [...]

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The Roundup August 12

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The Biz Roundup December 13

It’s on again. It’s off again. It’s on . . . oh, forget it. :: Throwing a lifeline to Detroit’s ailing automakers, the White House reversed course Friday and said it would consider using the $700 billion financial-rescue plan to avert a bankruptcy of the Big Three that could deepen the U.S. recession. (Wall Street [...]

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