Wednesday, February 15, 2006

FRB: Monetary Policy Report to the Congress - February 15, 2006

FRB: Monetary Policy Report to the Congress - February 15, 2006

Follow the link to see the text of the new Fed Chairman's first report to the Congress. I can tell you that the currency markets are very interested.

U.S. Treasury - Treasury International Capital System - Home Page

U.S. Treasury - Treasury International Capital System - Home Page

The current account deficit is still being comfortably funded despite news media hysteria. US securities of $185 billion were bought with international capital inflows last year above and beyond the current account deficit. --tb