Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun informal
Impenetrable economic jargon used by theUS Federal Reserve .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Longtime Fed Chairman Alan Greenspan, who discouraged fellow Fed officials from speaking about monetary policy at all, perfected an obtuse dialect in his public statements that came to be known as "Fedspeak."
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For those who do not keep up with the ever-changing arcane argot of central bankers known as Fedspeak, "quantitative easing" (QE), is the Fed's deceptive term for its process of currency inflation.
Latest Articles 2010
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And although the Federal Reserve indicated last week that it was now on deflation watch, it also said it expects resource utilization — Fedspeak for employment — to gradually return to higher levels.
Staffing Sector Gains Bode Well for Jobs Market Tomi Kilgore 2010
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Since the Fed's code of conduct mandates the use of Fedspeak instead of English, let me offer a quick translation: Yikes!
A Tale of Two Downgrades Alan S. Blinder 2011
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Listening to the loud chorus of recent Fedspeak comments by Federal Reserve board members here in the USA you might have to cover your ears.
Lawrence G. McDonald: The Zero Transparency Policy in Our Financial Reform Process and What it Means for Your Investments Lawrence G. McDonald 2011
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The entire Act was written in obscure Fedspeak so no one but its creators knew its purpose.
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If the last couple of weeks are any guide, "Fedspeak seems to be the biggest directional influence," said David Ader, head of government bond strategy at CRT Capital Group LLC.
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Unlike his counterparts today in the House and Senate, he was called an "economic Populist," one way being for how he exposed Fedspeak to reveal the scheme behind it.
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The limitless money-creation machine is kept hidden "in obscure Fedspeak," even undecipherable to people who think they understand the process.
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Translated from snorifying Fedspeak, that means: "Stock prices are too high."
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