Comments on: Fed Holds Overnight Rates, Acknowledges Economic Pickup (full statement & analysis)

By: Core PCE 0% November and +1.4% YOY, Inflation OK. Savings at +4.7% As Consumers Remain Tight. | The Basis Point

Wed, 23 Dec 2009 16:36:45 +0000

[...] is 1-2% per year. At 1.4%, Core inflation is within their comfort zone, especially since the FOMC confirmed subdued inflation for “some time” last week, and since then inflation has been either down or [...]

By: Justine

Justine — Wed, 16 Dec 2009 23:10:37 +0000

here it is: http://tinyurl.com/y8lqh27 and btw, it’s now PERSON of the year.

By: Justine

Justine — Wed, 16 Dec 2009 23:10:00 +0000

here it is: http://tinyurl.com/y8lqh27 and btw, it’s now PERSON of the year.

By: TheBasisPoint

TheBasisPoint — Wed, 16 Dec 2009 21:34:24 +0000

Never been sure what parameters are used for Man of The Year, other than the editors deciding on the best gimmick to sell some magazines … case in point: the cover a couple years ago with a mirror and ‘you’ as Man of Year. As for Big Ben, he certainly has made some tough moves since Fall 2008, and the question now will be if his FOMC moves off their policy stance as appropriate instead of holding too long like Greenspan is often chided for. Will have to read this Time piece.

By: The Basis Point

The Basis Point — Wed, 16 Dec 2009 21:34:00 +0000

By: Justine

Justine — Wed, 16 Dec 2009 19:59:20 +0000

any insight on Ben Bernanke being Time Magazine’s Person of the Year?

By: Justine

Justine — Wed, 16 Dec 2009 19:59:00 +0000

any insight on Ben Bernanke being Time Magazine’s Person of the Year?

By: Tweets that mention » Fed Holds Overnight Rates, Acknowledges Economic Pickup (full statement & analysis) » The Basis Point -- Topsy.com

Wed, 16 Dec 2009 19:57:04 +0000

[...] This post was mentioned on Twitter by TheBasisPoint, Rob Santwer. Rob Santwer said: Fed leaves rates unchanged, what that means is well explained here http://bit.ly/7AUssr [...]