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Hoenig did a double dissent(language and reinvestments), soon the part where they breakdown hoenig disagreements might be bigger than the fomc statement

Fed to reinvest mbs proceeds. QE2 soon to come

Vince Reinhart on Bernanke and more Fed Stimulus http://noir.bloomberg.com/apps/news?pid=20601087&sid=aF9HMvf1Z5xk&pos=3 “Probably it makes more sense for him to wait until September,” Reinhart said. “You get those extra governors, you get a new vice chairman. It will be easier to do...

Come on man, you got to be more specific than that

Whats your call for todays FOMC and your economic outlook for the next 2 years Thanks

Turns out that the event of Lehman BK leading to the Reserve Primary fund breaking the buck and somehow almost collapsing the world(at least according to Soros) was going to happen anyway regardless of Lehman failing or not...

http://ftalphaville.ft.com/blog/2010/08/09/309731/chorus-of-qe-calls-is-deafening/ "The risk of a double-dip recession is material, but ultimately the more likely outcome is that we will manage to avoid it." - Jan Hatzius

Hatzius predicts Fed to announce they will reinvest MBS proceeds http://www.zerohedge.com/article/goldman-capitulates-lowers-gdp-forecast-increase-unemployment-outlook-sees-imminent-qe-lite Soon I bet he will say the Fed wont raise in 2012, its a little early to go there(they ZQ contracts...

Hatzius might join the double dip parade soon http://www.businessinsider.com/goldman-sachs-revises-us-gdp-forecast-for-2010-downward-2010-8

Ses adj employment to population ratio hit a low on Dec 2009 at 58.2%, how much is it right now?58.4% Labor slack is almost at the cycle low, there has been virtually no recovery there. Unless one looks at people giving up on working as a good thing

The household data shows that the labor force declined by -181K and the number of employed declined by -159K(the unemployed declined by -24, net -135K), the employment to population ratio(Bernanke main measure to withhold rate hikes during the 2003-2004 cycle when he was a fomc voter) also...

Private job growth in the last 3 months +33K +31K +71K

Truco

Romer steps down and is rumored to be trying to jump in the San Francisco Fed president post http://noir.bloomberg.com/apps/news?pid=20601068&sid=aNidueQFQ5qQ If that is true, the Obama dovish domination continues, now it would expand beyond the Board and even reach the regional Presidents...

Oct 2010 ZQ is at 99.825 99.830 while the front contract 99.8175 99.82 I never seen a further out contract trading higher than the front before. It seems the market is betting that the IOR will be gone or that excess reserves will be increased and that will drive down the Effective Fed Funds...

Vince Reinhardt suggests Fed will adopt easing measures by Fall http://noir.bloomberg.com/avp/avp.htm?N=av&T=Reinhart%20Sees%20New%20Round%20of%20Quantitative%20Easing%20by%20Fed&clipSRC=mms://media2.bloomberg.com/cache/vf.JS84Adb9I.asf

Details of Lehmans liquidity before BK http://economicsofcontempt.blogspot.com/2010/07/anatomy-of-lehmans-failure-and.html Funny, after the Koreans walked out of Leh, PIMCO pulled $4b in repo lines from LEH. Yet Bill Gross was giving misleading statements on TV saying 'we are still trading...

Just look at FinReg, Healthcare and a number of congressional bills. US is embarking in a new era where regulation will be higher than normal. And thats not my opinion, its a statement coming directly from the authorities running government Anyone who submits bills look to 'deregulate' gets...

Krugman claims there is no evidence that uncertainty over regulation is hurting the economy. " I’ve tried to point out that there is no evidence for this claim: business investment is no lower than you’d expect given the state of the economy" Of course he misses that investment would...

Interesting blog post here http://economistsview.typepad.com/timduy/ The idea that inflation expectations are 'well anchored' seems an exaggeration to say the least. Early last year expectations were 0% for ten years, the volatility of inflation expectations since the Lehman shock have been...