Currencies and the Global Capital Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: N who wrote (2365)	1/14/2000 10:22:00 AM
From: Henry Volquardsen	Read Replies (2) of 3536

Nancy, It depends on the personality of the Fed (read that as the personality of the chairman), the era we are in and the style of management. Under the Volcker Fed we had a very technicly monetarist Fed approach that would make lots of adjustments. They would also never be precise about what their target was. In that environment repo could have policy implication. The Greenspan Fed is much more open, they come out and precisely state what their policy stance is. They also tend to avoid micro managing policy and take a longer term approach. In this enviroment repo is pretty much a technical issue. They are just using it to manage liquidity within their prestatd targets and not as a means of sending messages. When they change policy they will say so explicitly. Henry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next