Super Fed Watch
Fed Watch Post by MoreLiver;
Presignaled: twist, lower interest on excess reserves or better communication.
** Don’t expect miracles from the Fed – Humble Student of The Markets
Credit Suisse on where the market has mispriced Twist – alphaville / FT
Goldman Says ‘Operation Twist’ Is Going To Be $300-$400 Billion – The Daily Capitalist
Comments on Rosenberg’s article on alternative Fed actions (below 18th Sep)
Twist coming, says GS
FOMC preview: Twist light now, nominal jobless/CPI targets later? – tradingfloor.com
Policy is as easy as it can get: only inflation (taxing money in the bank) and slow debt deflation are left.
Fed: Out of Powder – Surly Trader
Too easy monetary policy risks an eventual loss of policy control
Flexible inflation targeting should not be the only target
Rethinking central banking – voxeu.org
Markets are pricing in further easing, so policy scope is limited.
What’s a Fed to do on Wednesday? – Pragmatic Capitalism
Recent speech by Richard Fisher, President of Dallas Fed
(pdf) Of moose and men – BIS
Richard Alford, former NY Fed economist: Fed will almost certainly take stimulative steps, but not much, and not mucheffect should be expected.
The (Re)Education of Ben Bernanke and the FOMC – naked capitalism
Links to six recent articles
** Debating Central Bank Policy – The Capital Spectator
Rearranging the Deck Chairs – Tim Duy’s Fed Watch
FOMC Preview – Calculated Risk
Maybe buy more long bonds, eliminate reserve interest rate, bond yield ceiling, buy European bonds (would also weaken dollar), higher inflation target, loans to private sector ** Forget Operation Twist: Rosenberg Says Bernanke Will Shock Everyone With What Is About To Come – Zero Hedge