Category: Monetary Policy

Eric Cantor’s Primary Loss Reflects a Global Trend That Can Affect Investment Portfolios

By J.G. Collins NEW YORK (June 17, 2014) – House Majority Leader Eric Cantor’s stunning loss in the Virginia 7th Congressional District Republican primary should be less surprising than it was. Coming on the heels of Thad Cochran’s initial primary

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NY Fed’s Dudley: Expanded Monetary Base was to Transfer Long-Term Risk from Private Sector

UPDATED 22 May 09:15 The New York Federal Reserve President made some suprising comments at a talk at the Japan Society.  Among other things, he revealed that the Fed balance sheet expanded as a by-product of transferring private long-term risk

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