Category Archives: Federal Reserve

Federal Reserve Chairman shook Washington, Wall Street and the world this past week when he warned the pandemic crisis threatens “lasting damage” to American prosperity.

Scott Pelley of 60 Minutes – The head of the U.S. central banking system tells Scott Pelley how high he thinks unemployment will go, what tools the Fed still has to breathe life into the economy and what outcomes he’s … Continue reading

Posted in Controversial, Economics, Federal Reserve, Television, Thought-Provoking Analysis

What is the Federal Reserve Beige Book?

Board of Governors of the Federal Reserve System – Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and … Continue reading

Posted in Controversial, Federal Reserve

Just What Is The Beige Book? Why Should You Care?

You’ve probably heard about The Beige Book. If you have never seen it, here’s your chance. From the Board of Governors of the Federal Reserve System – This report was prepared at the Federal Reserve Bank of Dallas based on … Continue reading

Posted in Federal Reserve

Fed’s counterfeiting experts fight flow of fake money

Allison Chase of the Federal Reserve Bank of Boston – Boston Fed uses everything from specialized machines to “an extra sense” to root out phony bills. Think you could tell the difference between a real U.S. note and a counterfeit … Continue reading

Posted in Federal Reserve, Money

Which Leading Indicators Have Done Better at Signaling Past Recessions?

David Kelley of the Federal Reserve Bank of Chicago – Indexes that combine several macroeconomic measures have historically done better than other indicators at signaling recessions up to one year in advance. The results of this article show that at … Continue reading

Posted in Federal Reserve