Every business day at about 9:30, the New York Federal Reserve Bank's trading desk announces the day's "temporary open market operation". These are routine transactions in which the NY Fed buys securities from the group of "primary [...]
Introducing
Carol Stone, CBE
in:Our Authors
Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
Publications by Carol Stone, CBE
- Global| Aug 15 2007
Daily Fed Open Market Operations: The Pattern of Fed Liquidity Provision
- Global| Aug 15 2007
Daily Fed Open Market Operations: The Pattern of Fed Liquidity Provision
Every business day at about 9:30, the New York Federal Reserve Bank's trading desk announces the day's "temporary open market operation". These are routine transactions in which the NY Fed buys securities from the group of "primary [...]
- Global| Aug 10 2007
Fed Funds Futures Price in Easing, Dealer Trading Volume Favors Treasuries: More on Haver's Short-Term Financial Data
It's just past noon in New York as we're writing today and news services tell us stock markets have just turned positive on the day's trading. Current conditions in financial markets and among financial institutions suggest that we [...]
- Global| Aug 10 2007
Fed Funds Futures Price in Easing, Dealer Trading Volume Favors Treasuries: More on Haver's Short-Term Financial Data
It's just past noon in New York as we're writing today and news services tell us stock markets have just turned positive on the day's trading. Current conditions in financial markets and among financial institutions suggest that we [...]
- Global| Aug 09 2007
2006 Housing Stock Has Smallest Gain in 11 Years, But Housing Stock per Household Continues To Grow
Yesterday the Bureau of Economic Analysis of the Commerce Department released the annual revision of the capital stock data, known more formally as "Fixed Assets and Consumer Durable Goods". There is new data for year-end 2006 and [...]
- Global| Aug 09 2007
2006 Housing Stock Has Smallest Gain in 11 Years, But Housing Stock per Household Continues To Grow
Yesterday the Bureau of Economic Analysis of the Commerce Department released the annual revision of the capital stock data, known more formally as "Fixed Assets and Consumer Durable Goods". There is new data for year-end 2006 and [...]
- Global| Aug 08 2007
CPI Inflation Restrained in Czech Republic, Moderate in Lithuania and Very Fast in Latvia
Consumer price behavior varies widely in Central and Eastern Europe, apparently depending on the degree of development in various economies. In the Czech Republic, inflation is slow and restrained, much like that in Western Europe, [...]
- Global| Aug 08 2007
CPI Inflation Restrained in Czech Republic, Moderate in Lithuania and Very Fast in Latvia
Consumer price behavior varies widely in Central and Eastern Europe, apparently depending on the degree of development in various economies. In the Czech Republic, inflation is slow and restrained, much like that in Western Europe, [...]
- Global| Aug 08 2007
CPI Inflation Restrained in Czech Republic, Moderate in Lithuania and Very Fast in Latvia
Consumer price behavior varies widely in Central and Eastern Europe, apparently depending on the degree of development in various economies. In the Czech Republic, inflation is slow and restrained, much like that in Western Europe, [...]
- Global| Aug 03 2007
Gasoline Prices Ease Further; Refining Margins Reduced
Higher crude oil prices were a contributing factor in the recent stock price gyrations, as West Texas Intermediate (WTI) looked to be approaching $80/barrel. The high spot price came Tuesday, July 31, at $78.22; by yesterday, it had [...]
- Global| Aug 03 2007
Gasoline Prices Ease Further; Refining Margins Reduced
Higher crude oil prices were a contributing factor in the recent stock price gyrations, as West Texas Intermediate (WTI) looked to be approaching $80/barrel. The high spot price came Tuesday, July 31, at $78.22; by yesterday, it had [...]
Sweden's GDP expanded by a 1.0% quarterly amount in Q2, Statistics Sweden reported this morning, a pickup from 0.7% in Q1. Year-on-year growth was 3.5%, compared to 3.0% in Q1. The gain during 2006 was 4.2%. Two demand sectors [...]
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