“On Wednesday, the Fed kept its hand to itself, announcing no change either to the amount or the timetable for its bond buying.” No one’s sure whether the Fed can sop up the excess liquidity out there when needed, but for now, the Fed’s playing it cool and pretending it doesn’t need to. Smooth.
TNL
Daily Reads
Thursday, June 25th, 2009 | Share
Financial Times
Fed Keeps Interest Target Constant, Calls the Market’s Bluff
- March 20, 2010 -
MORE LEDGER
ELSEWHERE ON TNL
DAILY READS
- As Sparks Fly, Democrats Close in On 216 for Health Care
- Stupak Abortion Language to be Added as “Tie Bar” to House Bill
- Bush, Obama, and the Intellectuals
- Health Bill Has Democrats Scrambling to Find More Votes
- Conan and Fox in Talks for Late Night Return
- Take Your Hands Off My Pork
- The Final Eleven
- Health Care: The Anti-Jobs Bill?
- Dodd’s Financial Rules Package Would Result in More Fed Muscle
- Credit Agency Warns U.S. and Others of Risk to Top Rating
MARKETS & POLICY
- Google Abandons the China Market
- Paul Krugman, Shadow Treasury Secretary, Misreads China
- Krugman’s War on China
- Following the Money on the Deficit
- Lesson From Moody’s: Rewrite the Social Contract
- Justice and the Prosecution of Lehman Execs
- Coffee and Markets: Financial Regulation and Obamacare
- Healthcare Reform: the Arithmetic Doesn’t Work
- Watch for an upside surprise on Treasury notes today (Updated)
- Destroy the City to Save It
The WHIP
- Eleventh Hour Negotiations on Health Care
- Lest It Should Unman Me
- Obamacare’s End
- HCR Roundup: Slaughter Strategy Fallout
- How Obamacare Will Reshape the Workforce
- Endgame: Pelosi’s Health Care Gamble
- David Brooks Applies For a Job
- Obamacare’s Two Americas
- How Do You Whip Nonexistent Legislation?
- Cheney in Exile
HEGEMON
- Obama’s Israel Crisis
- Borderland: The Failure of the Virtual Fence
- Biden in Israel
- Love and Respect
- Putinjugend Website Publishes North Korean Anti-American Propaganda Paintings
- Three Reasonable Questions on Climate Change
- Fisking Foreign Policy’s Guide to Climate Skeptics
- Brennan gets it wrong at NYU
- Iran’s Big Punch – A Nuclear Test?
- The moral bankruptcy of Amnesty International
CHEQUER BOARD
- Bart Stupak’s Moment Of Truth
- From Paul Ryan’s Mailbag
- Barbara Boxer Is In Trouble
- Scoring The Health Care Bill
- Could “Deem And Pass” Be Constitutionally Challenged?
- Tea Leaves
- What The Obama Administration Doesn’t Understand About The Middle East
- If Joe Biden Didn’t Exist, We Would Have To Invent Him
- Quote Of The Day
- Israeli Politics Made Simple
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