Bernanke press conference

Today’s FOMC Statement

March 20, 2013

Today’s statement from the Federal Open Market Committee repeated the January 30th statement in most respects, including The retention of all existing interest rate and quantitative monetary policy settings. The retention of the same economic data-driven policy guidelines for the future of the federal funds target.  These are thresholds, not targets that would automatically necessitate […] More

Significant New Information Conveyed at the Bernanke News Conference

January 25, 2012

Before the start of today’s press conference, the FOMC had already managed to convey most of the really useful insights into Fed thinking, but a couple of great tips nonetheless were added by Chairman Bernanke. One should not look at the mean but rather the median of the scatter diagrams of predicted end-year levels of […] More