Blog/Interest Rates

QE v Managing Benchmark Rates

QUESTION: The Fed buying $60 billion in T-Bills each month is obviously not long-term QE. They are expanding their balance sheet, but this is clearly not the QE as [...]

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REPO Crisis

QUESTION: Martin, I heard an interesting argument recently about the Fed injecting money into the repo market. This person said that Dodd-Frank allows the fed to [...]

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Negative Interest Rates is the Way to Kill a Reserve Currency

Christine Lagarde said back in August that the European Central Bank still had room to cut rates if needed. However, she added that this could pose a challenge to [...]

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Fed Cuts Rates 25 basis Points

The Federal Reserve, as expected, cut rates a quarter-point. The Fed also warned that further moves to ease interest rate policy may be coming to an end. The rate [...]

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Split Between Official & Real Interest Rates

QUESTION: Mr. Armstrong; When I first brought this topic up at our board meeting about the split in interest rates between private and public, there was skepticism [...]

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The Dollar Shortage & Liquidity Crisis?

The NY Federal Reserve announced last week that they will continue their repo operation until October 10th, 2019. The repurchase agreements will amount to up to $75 [...]

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The Panic in Interest Rates is Just Getting Started

QUESTION: Marty; You warned that there would begin a cash shortage and real rates would rise in the private sector starting in September after Labor Day. Ok, [...]

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Trump on Interest Rates -OMG!

I have said this many times, when it comes to understanding interest rates Trump is speaking the standard mantra that people apply when it comes to interest rates. [...]

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Private v Public Rate

QUESTION: I am a bit confused. You have forecast that interest rates will rise but official rates will decline. Exactly how does this materialize? Thank you GF [...]

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The Biggest Bubble in Modern Financial History

QUESTION: You said before you were advising corporates to issue long-term bonds and lock in the low rates. Even the US Treasury seems to be following your advice [...]

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