I’m not usually one to sign public petitions, but I made an exception today for a key issue: defending the independence of the Federal Reserve. Like many other economists (here’s the list of signatories, with a day’s lag), I am troubled by the anti-Fed rhetoric emanating from some parts of the Congress. The Fed has taken [...]
Posts Tagged ‘Interest Rates’
Defending the Fed’s Independence
Posted in Economy, History, Macroeconomics, Politics, tagged Federal Reserve, Interest Rates, Macroeconomics, Politics on July 15, 2009 | 5 Comments »
The Exploding Federal Deficit
Posted in Budget, tagged Budget, CBO, GSE, Interest Rates, TARP, Taxes on July 9, 2009 | 7 Comments »
Yesterday, the Congressional Budget Office released its latest snapshot on the federal budget. The headlines: The budget deficit was $1.1 trillion during the first nine months of the fiscal year (through June). That’s up from $286 billion at this point last year. Spending has risen 21% over last year, while tax revenues have fallen 18%. For [...]
The Exploding Federal Deficit
Posted in Budget, tagged Budget, CBO, Interest Rates, TARP, Taxes on June 8, 2009 | 10 Comments »
Last week, the Congressional Budget Office released it’s latest snapshot on the Federal budget. CBO estimates that the federal budget deficit was $984 billion — just short of a trillion dollars — during the first eight months of the fiscal year (October 2008 through May 2009). During the same period last year, the deficit was “only” $319 billion. Why has the deficit been exploding so rapidly? Lower tax revenues and higher spending (yes, that’s obvious, but keep reading).
What a Strange Round Trip It Has Been
Posted in Finance, Macroeconomics, tagged Finance, Interest Rates, Macroeconomics on May 28, 2009 | 3 Comments »
In the months after Lehman’s fall, yields on regular Treasuries plummeted in a massive flight to liquidity, while yields on less-liquid inflation-indexed bonds rose sharply. Those moves have reversed in recent months bringing both 10-year Treasury yields back to where they started.
Most Requested
Twitter
Get Updates by Email
Get Updates by RSS
Share or Bookmark
-
Recent Posts
- Energy Security, the Infographic
- The Fight over Medicare Double Counting
- Why Free is a Bad Price, American Airlines Edition
- Jobs Report – The Soft Side of Mediocre
- Investing in Memories, Ocelot Edition
- Advanced Game Theory, Golden Balls Edition
- Entitlement Spending in One Picture
- Talking Tax Reform on the PBS Newshour
- The Federal Budget in One Picture
- Should We Blame TurboTax for Tax Code Complexity?
- How Big Are Tax Preferences?
- Should High Heels Be Taxed?
- Canada Will Eliminate the Penny
- Public Service Announcement: There Is No Health Care Tax on Home Sales
- Long Spots, Short Stripes
30-Second Economics
Tags
Categories
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
Translate this blog into
