By the same token, the European Central Bank (ECB) intends to
slow its asset purchases (a.k.a. «tapering»), which has the same effect as removing $ 500 billion in liquidity injections.
Not exact matches
The exit would be preceded by a gradual decrease in the size of
asset purchases (i.e., a
slowing in the amount of extra easing), followed by the end of
asset purchases, a gradual withdrawal of excess liquidity from the system, measured increases in the federal funds rate and, eventually, a normalization of the Fed's balance sheet.
A delay in homeownership is also
slowing millennials» ability to build
assets, with buyers now
purchasing a first home at the median age of 33 [7].
Euro - zone growth is
slowing before the European Central Bank boss can end
asset purchases or join the Fed's Jerome Powell in raising rates.
Chinese officials said in January that the government is considering
slowing or halting
purchases of US Treasuries as they have become less attractive relative to other
assets.
This came as the Federal Reserve started to finally
slow down its
asset purchases and, as Citi's Tom Fitzpatrick suggest, has now seemingly turned a corner in its so called «emergency» policy.
He insisted that maintaining the
purchased assets in the monetary base would continue stimulus, even if they
slowed down the rate of
purchase.
In the currency markets today, the U.S. dollar moved up to multi-year highs against the Japanese yen and other major currencies as Federal Reserve Chairman Ben Bernanke made comments that the U.S. central bank could
slow down its
asset purchasing program soon.
Between the
slow drawn - out economic recovery and heightened expectations surrounding the timing of the Fed's tapering of its
asset purchases, bond market yields have risen significantly.
If a game developer were to offer
purchases of game
assets using ETH or BTC then it would be a
slow and expensive transaction.