Friday, February 6, 2015


Econ Comments & Analysis                                                                                            
Fiscal Times | Did the Fed’s QE actually do anything for the real economy?
Eric Rosengren, the President of the Federal Reserve Bank of Boston, gave a speechin Frankfurt on Thursday arguing that the Fed’s full employment mandate gave the central bank more flexibility to be aggressive earlier, and that open-ended programmes that are tied to economic targets are more effective than purchases of predetermined size and duration.

Wall Street Journal | Benefits of Aggressive Fed Policy Still to Peak, Fed Paper Says
The Federal Reserve’s unconventional policies of buying bonds and providing verbal assurances about the future path of interest rates are still working their way through the economy, and will continue to support growth for some time, according to a new Fed board paper.