Sentences with phrase «asset purchase program»

An asset purchase program refers to a strategy implemented by a central bank or a government to buy assets, typically government bonds or securities, from financial institutions or the open market. The aim is to inject money into the economy, lower interest rates, and stimulate economic growth. Full definition
This open - ended asset purchase program allows the bank to increase its $ 40 billion monthly limit for asset purchases.
1.6 %), and some dovish comments from Draghi (reiterated rates will remain unchanged well after asset purchase program ends, headline inflation around 1.5 % for rest of the year).
The Bank of Japan maintained its key policies — a negative interest rate at -0.1 % and the use of asset purchase programs to boost the economy.
European Central Bank President Mario Draghi made this clear when he discussed the central bank's asset purchase program in December 2016, noting «there is going to be a loss, but our mandate is to pursue price stability.
In my view, the fact that our large scale asset purchase programs affect the size of term risk premia globally is important.
There may be a sense among some market participants and investors on the Continent that the current asset purchase program of the European Central Bank (ECB) could be enough to offset any negative fallout of a British exit.
The ECB took definitive action against deflation fears with a broad asset purchase program that impressed the markets.
Earlier this month, the central bank committed to an open - ended asset purchase program starting in 2014 and announced that it would double its inflation target to 2 percent — its boldest steps yet to inject life into the economy.
Many expect that the Bank of Japan will launch its own asset purchasing program next week.
The asymmetry of prospective rate moves in different parts of the curve with short rates at the zero lower bound, explicit forward guidance about future policy decisions and massive asset purchase programs may result in a higher likelihood of one - sided markets, which may in turn impair liquidity, or at least lead one to conclude from liquidity indicators that markets have become more illiquid.
Last month, the BOJ adopted a 2 percent inflation target and pledged to carry out an open - ended asset purchase program from next year, bowing to pressure from Japan's new Prime Minister Shinzo Abe to adopt an aggressive monetary policy to end years of deflation.
The Fed under Yellen has carefully stripped its policy statement of most future - oriented promises to keep rates low, along with ending crisis - era asset purchase programs.
Facing a squad of U.S. senators firing question upon question Nov. 14, Janet Yellen might have been surprised that no one asked her the obvious one: Can the Federal Reserve taper its $ 85 - billion - a-month asset purchase program without compromising the housing recovery?
In addition to the Fed, central banks around the world have engaged in «globally synchronized asset purchase programs,» Kaufman said, which pumps more money into the system.
In the June 2014 Federal Reserve Open Market Committee minutes, the board decided to cut the current quantitative easing program altogether by October, indicating that perhaps, after several years of halting asset purchase programs, the economy is finally ready to fly on its own.
This rather muted reaction is in part due to the European Central Bank's (ECB's) new $ 1 - trillion - plus asset purchase program serving as a sort of backstop for contagion risks.
The European Central Bank's (ECB's) new $ 1 - trillion - plus asset purchase program arrived last week and did not disappoint.
U.S. asset purchase program implemented in the wake of the 2008 financial crisis to stabilize and strengthen domestic financial and housing markets.
In the United Kingdom, the Bank of England chose to keep interest rates the same and has not changed its present asset purchasing program.
The CSPP will be added to the existing Asset Purchase Program and will be included in the combined monthly purchases, which are to start toward the end of the second quarter of 2016.
During this period, the Federal Reserve tried to support employment by cutting its federal funds rate target nearly to zero; by creating a number of special liquidity facilities to support the extension of credit; and by engaging in a large scale asset purchase program, buying Treasuries, agency debt and agency mortgage - backed securities.
The Committee judges that there has been a substantial improvement in the outlook for the labor market since the inception of its current asset purchase program.
European Central Bank President Mario Draghi made this clear when he discussed the central bank's asset purchase program in December 2016, noting «there is going to be a loss, but our mandate is to pursue price stability.
The ECB took definitive action against deflation fears with a broad asset purchase program that impressed the markets.
The European Central Bank opted to keep interest rates unchanged and to continue its asset purchase program until September.
The bank also opted to keep interest rates unchanged and to continue its asset purchase program until September.
Last month, the Bank of Japan adopted a 2 percent inflation target and laid out plans for an open - ended asset purchase program.
The Japanese central bank is scheduled to buy 34 trillion yen ($ 374 billion) of securities under the Asset Purchase Program in 2012.
«There is a short - term discussion of the timing of the balance sheet reduction on the one hand or the winding down of the asset purchase program on the other,» Didier Saint - George, member of the Investment Committee at Carmignac told CNBC about the next steps for the U.S. Federal Reserve.
Commerzbank's Schubert explained in an economic research note that Draghi has stated that a rate hike before the end of the asset purchase program is unlikely.
The European Central Bank's Governing Council did not discuss the composition of its asset purchasing program, ECB President Mario Draghi said.
The firm also attributes a surprisingly hawkish European Central Bank, which many on Wall Street think will start tapering its asset purchase program later this year.
In this case, markets reacted to then - Chairman Bernanke's musing that the Federal Reserve was beginning to evaluate when the time would be right to begin the tapering of the Fed's asset purchase program.
«If we see the growth pick up in the second half and if we see a continuation of the job gains that we - not (the) 162,000 number that we saw last month but at a higher range, say 180 - 200,000 - I think with other fundamentals improving we probably are in a position to remove... the extraordinary policy program over the medium term - that being the asset purchase program,» he said.
On the other hand, Lockhart said, «If we see a deterioration from this point, and I would say my more realistic fear is just a kind of ambiguous picture of mixed data that signal neither accelerating strength nor necessarily deterioration, but that kind of moping along in the middle, then I think it's not a foregone conclusion that the asset purchase program should be removed or be removed rapidly.»
The scaling back of the Federal Reserve's asset purchase program — both the prospect and the actuality — has created significant challenges for many emerging market economies.
In fact, the ECB just announced that it will slow its asset purchase program beginning in 2018 and the BOE raised their target rate in November.
The ECB currently runs a monthly net - asset purchase program of $ 60 billion.
This week, the European Central Bank is expected to initiate its own version of quantitative easing, expanding its asset purchase program to include sovereign debt.
Central bankers have announced plans to turn their asset purchasing programs into asset selling programs over the next few years.
The European Central Bank is currently tapering its asset purchase program, and we anticipate an end to the program as the eurozone economy improves.
The Committee continues to anticipate, based on its assessment of these factors, that it likely will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program ends, especially if projected inflation continues to run below the Committee's 2 percent longer - run goal, and provided that longer - term inflation expectations remain well anchored.
The Fed funds rate will stay at zero percent «a considerable time after the asset purchase program ends.»
The first key decisions under the augmented mandate were the introduction of a 2 % inflation target and the initiation of a new open - ended Asset Purchase Program, initially scaled to an estimated 7 % of GDP (view post here).
The European Central Bank (ECB) in March doubled - down on its efforts to stimulate inflation by taking its deposit rate deeper in negative territory and expanding its asset purchases program.
the introduction of a 2 % inflation target and the initiation of a new open - ended Asset Purchase Program
Other market participants are suggesting that BOC Governor Poloz will announce a large - scale asset purchase program (better known as QE).
The ECB also decided to broaden its asset purchase program to encompass more municipalities, which had been well - telegraphed and seems to be a sensible move, in my view.
Taking into account the extent of federal fiscal retrenchment, the Committee sees the improvement in economic activity and labor market conditions since it began its asset purchase program a year ago as consistent with growing underlying strength in the broader economy.

Phrases with «asset purchase program»

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