Tag Archives: bond buying program

The Central Bank Casino…BOJ, Fed, Real Estate And Mortgage Rates!

Zirp and Nirp

(Note: This article also appears at econintersect.com) This week both the Bank of Japan and the Federal Reserve will be meeting to chart the future course of interest rates! In the U.S. where prior to the recent small interest rate hike ZIRP or zero interest rate policy had been in place, speculation over whether the Fed will raise or stand […]

Setting Global Monetary Policy: 21st Century Snake Oil Salesmen? (Bonus Video)

This slightly irreverent article title is meant to ask the question of whether those tasked with deciding economic policy, and US policy in particular, actually have a strong handle on the how and why it will work as drawn up on the blackboard? Additionally do they have any inkling concerning what any of the unintended […]