Tag Archives: taper

Fed tapers, bonds rally

Summary Going against expectations, bond yields are lower now than they were when the Federal Reserve (Fed) began tapering, as turmoil in emerging countries’ currencies has created yet another flight to safety among overseas investors. Another reason why Fed tapering … Continue reading

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Is the Federal Reserve (Fed) wearing blinders?

At Chairman Bernanke’s last Federal Open Market Committee (FOMC) meeting, the FOMC decided to do the entirely predictable—continue to reduce the pace of asset purchases by $10 billion. The FOMC ignored (perhaps rightly) recent weak economic data and market volatility … Continue reading

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Durable goods: Will the Fed take a pause on tapering?

Economic data from December continue to give the Federal Reserve (Fed) something to think about at its meeting this week. New orders for durable goods declined 4.3% in December. Shipments declined 1.9%. Despite the monthly decline, new orders were up … Continue reading

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