Sentences with phrase «monetary easing by»

The Bank of Japan will consider making negative interest rates the centrepiece of future monetary easing by shifting its prime policy target from base money to interest rates at its review, Reuters reported on Sept. 14, citing sources familiar with its thinking.

Not exact matches

I noted a week ago that Bernanke had essentially eased monetary policy by spurring a loosening of financial conditions via higher stock prices, lower bond yields, tighter credit spreads, and a weakening of the U.S. dollar.

If a central bank eases monetary policy, it stimulates the economy, largely by encouraging households and companies to borrow more and pushing up the prices of many types of financial assets.

SHANGHAI (Reuters)- China's stock markets closed sharply lower on Monday after a frantically volatile day of trading, despite surprise monetary easing moves by the central bank at the weekend.

Moreover, policymakers have been aggressive in supporting the economy by easing monetary policy and by implementing a large fiscal - stimulus program.

But if you examine the persistent and aggressive easing by the Fed during the 2000 - 2002 and 2007 - 2009 plunges, it's clear that monetary easing has little effect once investor preferences shift toward risk aversion — which we infer from the behavior of observable market internals and credit spreads.

Mr Weber's concerns over monetary policy were supported by Nouriel Roubini of the Stern School at New York University, who had backed the initial moves towards unorthodox policies such as quantitative easing in the financial crisis.

If you look back at the press release which accompanied our easing of monetary policy in December 1998, you will see it referred to the expectation by official and private forecasters that 1999 would be a worse year than 1998.

An unexpected cut in January that was accompanied by a very dovish Monetary Policy Report naturally set up expectations for further policy easing and now the Bank of Canada appears to be introducing monetary policy uncertainty on top of uncertainty surrounding the impact of the plunge in commodity prices.

Operationally, the Federal Reserve's program of quantitative easing involves expanding the «monetary base» (currency plus bank reserves), which it does by buying up Treasury bonds and paying for them with zero - interest base money, which is a «liability» of the Fed.

My impression is that without a shift back to uniformly favorable market internals, the continued faith in monetary support may prove to be the same awful bet it was during the 2000 - 2002 and 2007 - 2009 collapses, both which were accompanied by aggressive monetary easing all the way down.

By easing the yuan's peg to the dollar, China will be able to benefit from a weaker renminbi as the Federal Reserve tightens monetary policy, states BofA.

The decision by the Bank of Korea marked a significant shift from its previous five years of monetary easing.

This gap has been caused by monetary policy through both quantitative easing (QE) and through forward guidance, which has reduced volatility in short rates.

However, after enormous bailouts of the largest financial institutions in the country, as well as the auto industry, and even more monetary ease than in 2003 (accompanied by TARP, the stimulus plan, QE, and QE2); we started another cyclical bull market within the secular bear market.

Elsewhere in the Asian region, Indonesia, Korea, Malaysia, the Philippines, Taiwan, Thailand and Hong Kong all lowered official interest rates, while Singapore announced that it too would ease monetary policy by lowering the target trading band for the Singapore dollar.

In total, the standard variable rate was lowered by 1 1/2 percentage points over and above the falls that accompanied the three monetary policy easings.

All of them in some way stimulated economic growth by initiating monetary quantitative easing (QE) programs.

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The dollar strengthened following a surprisingly strong US employment report for April, while the European Central Bank cut rates and hinted at more monetary policy easing to come.

Quantitative Easing (QE): A government monetary policy occasionally used to increase the money supply by buying government securities or other securities from the market.

After 2002, Greenspan's rescue took effect and the stock and housing market experienced a brief period of asset inflation, but the bottom eventually fell out in 2008 when the S&P 500 delivered a -37 % total return, which was followed by unprecedented monetary stimulus in the form of Quantitative Easing.

The trend of a negative relationship between stocks and bonds does not appear to be related to the quantitative easing programs of the Fed, but rather, as emphasized by Campbell, Pflueger, and Viceira (2015), is the byproduct of changes in the way monetary policy is being conducted.

I submit there are NO valid price signals (P / B, P / E, TBV, etc.) to determine intrinsic value to aid capital investment while the Federal Reserve distorts the entire economy with: 1 - negative real after inflation interest rates and 2 — increases the monetary base by multiples with unlimitied quantitave easing for the bond market (ie; QE4 - EVA).

For example, if inflationary pressures were high and interest rates were moving up, the Fed could not predictably lower the Fed Funds rate by easing monetary policy.

But some of the recent shift in international beta can also be explained by the concert of central back easings around the world, forcing investors to make investments based on expected monetary policy rather than the individual economic and fundamental corporate performance of each country.

So when the Fed is easing, it increases the monetary base by purchasing Treasuries on the open market.

By December 2007, the Fed turned to unconventional monetary policy tools, including credit easing, quantitative easing, policy duration commitment, and payment of interest on reserves (see the appendix for details).

Furthermore, on the monetary policy front, the gradual easing of quantitative easing (QE) in many economies in the coming years, led by the Federal Reserves in the United States, will do little to improve visibility.

A lot of the apparent growth in the following years has been fueled by government bailouts, loose monetary policy and huge injections of capital in the form of quantitative easing.

By December 2007, the Fed turned to unconventional monetary policy tools, including credit easing, quantitative easing, policy duration commitment, and payment of interest on reserves (see the appendix for details).