Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Jul 14 The Dow may be above 17,000, but not for long By Terry Burnham A year after economist Terry Burnham predicted the Dow Jones Industrial Average would hit 5,000 before 20,000, it closed above 17,000 Monday. But Burnham is sticking by his call, introducing a scorecard to track the macroeconomic policies underlying the impending… Continue reading
Jun 18 Fed reduces stimulus despite slower growth projections By Simone Pathe The Federal Reserve’s Open Market Committee voted unanimously Wednesday to again reduce its stimulus program by $10 billion to $35 billion in July. Since the financial crisis in 2008, the Federal Reserve has been buying mortgage-backed securities and U.S. Treasuries… Continue reading
Jun 09 Will the European Central Bank’s negative interest rate be an economic positive? By Simone Pathe After the European Central Bank announced the largest ever use of a negative interest rate, Making Sen$e caught up with two central bank watchers for a closer look at how the ECB differs from the Fed and how both central… Continue reading
May 21 Why one economist isn’t running with the bulls: Dow 5,000 remains closer than you think By Terry Burnham The impending end of the government's unprecedented monetary and fiscal policies will be a revelatory moment for the U.S. economy. Will the market continue booming without those interventions? Terry Burnham isn't buying that it will. Continue reading
Mar 26 How candid should Janet Yellen be? Watching emerging markets overreact to Fed transparency By Simone Pathe When the Fed chair speaks, emerging markets take note. New research about their reaction to the Fed's early hints of tapering raises bigger questions about global financial integration and the Fed's transparency. Continue reading
Mar 19 Yellen defends Fed’s decision to forgo unemployment threshold By Simone Pathe The Fed’s policy-making body, the Open Market Committee, announced Wednesday they will again draw down purchases of bonds by $10 billion. Monthly bond purchases will now decreases from $65 billion to $55 billion. Continue reading
Mar 19 Is Janet Yellen right for the job? By Richard F. Syron At the end of the Fed's two-day policy meeting Wednesday, Janet Yellen holds her first press conference as chair. Former Fed governor Richard Syron examines Yellen's preparation for the job in light of her predecessors' tenures at the central bank. Continue reading
Dec 20 The Fed’s ‘Great Unwind’: It Had to Start Somewhere By Jon Shayne Merle Hazard performs "The Great Unwind." This is not our typical post; it's an economics music video. If you saw what the Fed did this week -- or even if you didn't and want to know what the big… Continue reading
Sep 13 Watch Federal Reserve Launches Aggressive Stimulus Program to Move Economy Forward Federal Reserve Launches Aggressive Stimulus Program to Move Economy Forward… Continue watching