Yesterday in this post, about the F_E_D's "accidental" Email distribution of the F_O_M_C minutes to over 154 recipients, mostly banks and private equity firms, I found it strange that the F_E_D would email this to anyone, it would seem they would release it on their site and you get it from there so everyone gets it at the same time (more or less), I can see sending to Financial Media under embargo, but to JPM, Goldman Sachs, Bank of America, etc?
I then asked, "How do you get on their mailing list?"
I thought I was alone in my disgust that the F_E_D acts as a servant to banks and other big traders, apparently I wasn't.
Bill Gross of PIMCO tweeted the following...
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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