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.
Wednesday, February 15, 2006
FRB: Monetary Policy Report to the Congress - February 15, 2006
FRB: Monetary Policy Report to the Congress - February 15, 2006
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
Thursday, February 02, 2006
FRB: Speech, Greenspan--Acceptance of honorary degree from New York University--December 14, 2005
FRB: Speech, Greenspan--Acceptance of honorary degree from New York University--December 14, 2005
"Open and free markets are the antithesis of violence." I like that quote.
"Open and free markets are the antithesis of violence." I like that quote.
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