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Tag Archives: Federal Reserve
Why the Unemployment Rate Is So High
Laura D’Andrea Tyson, former chairwoman of the Council of Economic Advisers under President Bill Clinton, explains in Economix why unemployment remains high: “Why is the long-term unemployment problem so much more severe in this recovery? Part of the answer lies … Continue reading
Posted in Economy, Government
Tagged Congress, demand, economic growth, Federal Reserve, great recession, jobs, skills, unemployment
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Is 2013 the Year for Substantive Financial Reform?
Simon Johnson believes that “2013 will be a watershed for financial reform.” “News reports indicate that the Fed has already started saying no to some bank mergers. At the same time, the US Federal Deposit Insurance Corporation has become a bastion … Continue reading
Posted in Economy, Government
Tagged banks, FDIC, Federal Reserve, financial Reform, government, leverage, regulations, scandals, too big to fail
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Best Article on Status of Financial Regulatory Reform
The best article I’ve read, albeit long, on the status of financial regulatory reform is linked below. Regulatory Reform since the Financial Crisis Governor Daniel K. Tarullo Member, Federal Board of Governors Federal Reserve System This article was originally presented … Continue reading
Posted in Economy, Government
Tagged banks, Dodd-Frank, economy, Federal Reserve, financial crisis, financial stability, regulatory reform
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Banks and Corporations are Sitting on Huge Reserves
Banks Stockpile Huge Excess Reserves The most recent Federal Reserve Statistical Release H.3 ( March 8, 2012 ), dealing with bank reserves, shows the quantity of excess reserves, above and beyond required reserves, has grown substantially following the collapse of … Continue reading
Posted in Economy
Tagged banks, cash balance, corporations, credit, economy, excess reserves, Federal Reserve, loans, risk-taking, TARP
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Dow Increases 98 Percent in Three Years!
If your crystal ball was working properly on March 9, 2009, you might have invested heavily in a Dow Jones indexed fund. On March 9, 2009, the Dow reached a recession low of 6,547.1. Three years later on March 1, … Continue reading
Posted in Economy, Presidential Leadership
Tagged bank bailout, Dow Jones, economy, Federal Reserve, monetary policy, recovery, stimulus package
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