Go to the Amazon.com link below for TIMING THE MARKET by Deborah Weir (Wiley, 2005).
Email: DebWeir@WealthStrategies.bz
Take her class at the NY Institute of Finance: nyif.com/courses/fimk_1014.html.
Wednesday, January 31, 2007
Preliminary money supply data shows increases in both M-1 and M-2. The Fed's new policy of not tightening is finally taking effect.
Deborah, isn't the Fed easing by the fact that M1 and M2 are increasing even if the official Fed target rate is not changed? My understanding is that money supply control is what permits the Fed to target the Fed rate.
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Deborah, isn't the Fed easing by the fact that M1 and M2 are increasing even if the official Fed target rate is not changed?
My understanding is that money supply control is what permits the Fed to target the Fed rate.
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