The U.S. central bank, which has grown its balance sheet from the roughly $800 billion it held steady at for decades to almost $3 trillion in response to the country’s financial crisis, will have to navigate the unwinding of that balance sheet cautiously when the time comes. That was the view from the three Federal Read More →
Zimmerman: Inflation is expected to be at around 1.5 percent in 2012 and 2013.
Santa Barbara resident and California Bankers Association President Rod Brown recently met with Ben Bernanke.
Every market crash is different. But every market crash has echoes of past disasters.
Setting the federal funds interest rate target at zero is a trap, and one the Federal Reserve would be better off avoiding, St. Louis Federal Reserve Economist Bill Gavin said at an Oct. 27 appearance at UC Santa Barbara. Warning of the dangers of the so-called “zero lower bound,” when the federal funds rate is Read More →