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- New York Times quotes Diane Swonk on jobs outlook 04.19.2013
Bloomberg asks Diane Swonk to explain Fed concern over unemployment
03.08.2013- Marketplace radio calls on Adolfo Laurenti for European analysis 02.26.2013
- Financial Times asks Diane Swonk about Fed caution 01.30.2013
- CNBC Asia turns to Adolfo Laurenti for European expertise
01.10.2013
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- New York Times quotes Diane Swonk on jobs outlook 04.19.2013
- Bloomberg asks Diane Swonk to explain Fed concern over unemployment
03.08.2013
- Marketplace radio calls on Adolfo Laurenti for European analysis 02.26.2013
- Financial Times asks Diane Swonk about Fed caution 01.30.2013
- CNBC Asia turns to Adolfo Laurenti for European expertise
01.10.2013
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Founded in 1937, Mesirow Financial is a diversified financial services firm headquartered in Chicago. We are an employee-owned, private company with approximately 1,200 employees globally.
Founded in 1937, Mesirow Financial is a diversified financial services firm headquartered in Chicago. We are an employee-owned, private company with approximately 1,200 employees globally.
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and meets the financial needs of its clients – institutions, public sector entities, corporations and individuals – with a multitude of
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Mesirow Financial understands, anticipates
and meets the financial needs of its clients – institutions, public sector entities, corporations and individuals – with a multitude of
high-quality products and services.
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Phone: +1 312.595.6000
Toll Free: +1 800.453.0600
Chicago, IL 60654 (Map & Directions)
Phone: +1 312.595.6000
Toll Free: +1 800.453.0600
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Bernanke Focuses on Employment in NABE Speech
Federal Reserve Chairman Ben Bernanke focused on the labor market in his remarks for the National Association for Business Economics (NABE). The key message is that employment has improved, but not enough to take down our guard.
Bernanke lays out the rationale for continuing (expanding) policy accommodation from the Fed at the next meeting in April. Those who are looking for a major shift in Fed policy will be disappointed. Indeed, the argument still holds from his remarks about an extension of the “twist.” The powder on QE3 is still dry, but a tool worth using, especially if the labor market skips a beat in its improvement over the next several months.
Bottom Line : Bernanke made clear that the slack in the labor market is sufficient to sideline the inflation issue for the moment. Ben will continue to resist and override dissenters in his own ranks to keep and perhaps even expand monetary policy accommodation.