Notes From Underground: Jackson Hole is Running on Empty (REISSUE)

Before we get into what the FED announced today, it is imperative to revisit the Jackson Hole Symposium and reexamine at the Woodford research paper  that was delivered. It seems that Michael Woodford is the main economist behind current FED policy and that was revealed by Janet Yellen in a speech a few weeks ago. Vice Chair Yellen put the 6.5% threshold out there in the public domain so it must be time for Jon Hilsenrath to go the way of previous FED mouthpieces. The FED has certainly enhanced its communication skills by indicating policy through the speeches of certain FED Governors. Ms. Yellen, you are the anointed one. (Click on link below to read post.)

 

Notes From Underground: Jackson Hole is Running on Empty

 

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2 Responses to “Notes From Underground: Jackson Hole is Running on Empty (REISSUE)”

  1. whatarefunds Says:

    Take It Eeeeeasy, Yra. I feel like I’m living in Shaky Town.

  2. cuckoous Says:

    Yra, caught you on BNN this am – are we leaving Alice for early 20th cen multiplicity? yikes!
    perhaps some hedgies dropped pm’s after reading the ‘Regime Change’ analysis by Zero Hdge yesterday? posted 13:42 -0500. on worries that 6.5% moves closer by the month in ’13 on increasing dropouts in active job searcher data. Or just a Ben-flubbed “communication”?

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