That there is little to no chance for a taper at the Federal Open Market Committee’s October 30-31 meeting is hardly a daring observation to make. It would be a real

After the circus atmospherics of the brawl these last few months over who will be the next Chair of the Federal Reserve, President Obama’s formal nomination of Fed Vice Chair

As if the Federal Reserve did not already have enough on their plate in sorting out the confusion over their near term policy path in the wake of the decision

No two ways around it, we were taken aback by the Federal Open Market Committee’s decision not to taper even by the increasingly gentle and by now uncontroversial $10 billion

It would be difficult to overstate how bad and indecisive President Obama looks after the stunning turn of events leading to Lawrence Summers’ withdrawal from consideration to succeed Ben Bernanke