wricaplogo

Overview: Mon, May 06

Daily Agenda

Time Indicator/Event Comment
11:3013- and 26-wk bill auction$70 billion apiece
12:50Barkin (FOMC voter)On the economic outlook
13:00Williams (FOMC voter)Speaks at Milken Institute conference
15:00STRIPS dataApril data

US Economy

Federal Reserve and the Overnight Market

Treasury Finance

This Week's MMO

  • MMO for May 6, 2024

     

    Last week’s Fed and Treasury announcements allowed us to do a lot of forecast housekeeping.  Net Treasury bill issuance between now and the end of September appears likely to be somewhat higher on balance and far more volatile from month to month than we had previously anticipated.  In addition, we discuss the implications of the unexpected increase in the Treasury’s September 30 TGA target and the Fed’s surprising MBS reinvestment guidance. 

Financial Stability Plan

Ben Bernanke

Tue, February 24, 2009

[T]his program has all the major components, including tough supervisory and government oversight, of previous successful financial stabilization plans.  So I think if it's well executed and forcefully executed, that it's our best hope of stabilizing the system.

From the Q&A session

 

MMO Analysis