Posts Tagged ‘

Fedwire

Fedwire reports… the return of MBS purchases?

Fresh intel stolen from inside the halls of the Eccles Building (not really, but you get the point):
Federal Reserve officials are starting to build a case for a new program of buying mortgage-backed securities to boost the ailing economy, More…

Are we heading for a credit crunch?

Uh-oh. It may be that the Great Credit Crunch has not yet arrived. Witness this chart dug up by Sempra Metals’ John Kemp:

Apologies for the slightly poor legibility, but this illustrates the average daily volume of cash and securities transfers across Fedwire, More…