Seeking Alpha

FRBNY President Bill Dudley doesn't expect any further efforts by the Fed to assist the EU debt...

FRBNY President Bill Dudley doesn't expect any further efforts by the Fed to assist the EU debt situation, but "we will continue to monitor the situation closely." The Fed already has a big matzo ball out there in the form of a massive dollar swap program, but officials are confident these loans will be paid back in full.
Comments (3)
  • wyostocks
    , contributor
    Comments (8900) | Send Message
     
    Who does a "stress test" for the Fed?
    Would they pass using the same guidelines that were used for the banks?
    Someone please ask Ben.
    27 Mar 2012, 10:41 AM Reply Like
  • 2MuchDebt
    , contributor
    Comments (253) | Send Message
     
    The U.S. is getting into bed with everybody, no matter how many diseases our partners have! Thanks for "monitoring the situation closely", as if Dudley and the Fed can solve any and every problem. I can sleep easy tonight.
    27 Mar 2012, 12:56 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3533) | Send Message
     
    "but officials are confident these loans will be paid back in full."

     

    In nominal, not inflation adjusted, dollars. Oh wait, according to official sources, there is no inflation.
    27 Mar 2012, 01:34 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs