Posts Tagged ‘Lockhart’
We should look at corporate tax rates; cuts deserve consideration
Good communications by Fed keep inflation expectations at bay; Bernanke press conferences step in right direction
Fed has substantial tools to drain liquidity which have been tested successfully
One such test was just conducted, as the Fed drained $830 in liquidity via a seven-day reverse repo.
Economic conditions continue to improve
Sounds very much like his colleague to the district just north of Atlanta, Mr Lacker or Richmond.
Lockhart is moderately hawkish, so this is important. That sound you hear is the QE2 leaving her berth.
Sees easing as further insurance against disinflation turning into deflation
Favors adopting more explicit inflation objective
Speculation of Fed easing has contributed to concern over competitive devaluations
Inflation has settled at unacceptably low level
scope for more easing to spur spending by [...]
Atlanta Fed president Lockhart says there is absolutely no appetite at the Fed to monetize the debt. Monetizing debt is when a nation’s central bank buys the debt issued by the country’s Treasury.
Some while argue that the Fed has partially monetized via QE, but in reality its portfolio its Treasury holdings are not that much [...]
Atlanta Fed President Lockhart says he is watching disinflationary pressures but is not yet concerned about tipping into a deflationary cycle. He says he supports the substance of “extended period” but says the Fed must be prepared to change it, at some point in the future.
Atlanta Fed president Lockhart says he is not expecting a double-dip recession and that he is quite confident of a sustained recovery. He says he is watching the Greece situation and is not totally discounting the risk of sovereign debt contagion.
He says he is concerned about the US fiscal situation and would think long and [...]
