The Fed: Slightly Hawkish, but QE3 Still on the Table
April 25, 2012

The Fed: Slightly Hawkish, but QE3 Still on the Table

The changes in the Fed statement from January to April are highlighted below:   Fed forecasts have generally improved.  The changes that are greater than .1 are highlighted below:   In terms of the timing of policy firming, the Fed became more hawkish in April.  Two members shifted their idea of appropriate timing of policy […]

Read More

April 2, 2012

Recent Press for Mexico 2042

  Mexico puede supercar a AL March 21, 2012 Carolina Reyes Excélsior Promueven ‘Futuro para Todos’ March 22, 2012 Guadalupe Irizar Reforma Mexico, en los proximos 30 anos: Con las reformas economicas el PIB sera de US 7.5 billones March 22, 2012 Claudia Castro La Razon Una beuna propuesta para Mexico March 22, 2012 Marco […]

Read More

March 14, 2012

FOMC: Definitely less dovish, with a more assertive dissenting minority (Jeffrey Lacker)

Release Date: March 13, 2012 Information received since the Federal Open Market Committee met in January suggests that the economy has been expanding moderately. Labor market conditions have improved further; the unemployment rate has declined notably in recent months but remains elevated. Household spending and business fixed investment have continued to advance. The housing sector […]

Read More

February 15, 2012

Euro area GDP declines in Q4 of 2011

From the Eurostat press release: GDP fell by 0.3% in both the euro area (EA17) and the EU27 during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the third quarter of 2011, growth rates were +0.1% and +0.3% respectively.  Compared […]

Read More