And the issuance of covered money substitutes is more popularly known as quantitative easing or QE .
The BoJ rate announcement is this evening, and even with their domestic political upheaval, many do not see any rate or QE action ahead of the December election.
The Federal Reserve, along with other major central banks across the globe, are engaged in ultra-loose monetary policy, using low interest rates and asset purchases (i.e. quantitative easing, or QE) to help support their economies.
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Fed Chairman Ben Bernanke, who has been accused by many of setting the stage for an inflationary spiral through his asset purchase programs or QE (quantitative easing), recently said he has the best inflation record of any Fed chief in the post-war era.
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What is needed is fiscal austerity (slowly) before debt spirals out of control, offset by easy money or real QE for as long as it takes.
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However, mortgage rates appear to be heading up - with or without more QE.
There are not many Republicans who support QE or Bernanke.
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We'll never know whether things would have been worse without QE - or better.
He has never wanted to entertain the idea of diminishing returns to QE - or not without long and complicated caveats.
In order to change Bank rate or the amount of QE, a majority of the MPC's nine members needs to vote for it.
So that leaves the option of quantitative easing (QE), or creating more money to purchase assets.
Bernanke has been in the hot seat ever since the Fed unleashed its repeated programs of quantitative easing (QE), or longer-term asset purchases.
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Or, perhaps it was the intimation from Bernanke himself that QE III may already be under construction in his infamous interview on 60 Minutes.
Often, traders have tended to take positions ahead of Fed releases or appearances in which market participants have factored in a greater likelihood of more QE, pointed out Bart Melek, director of commodity strategy, rates and foreign-exchange research for TD Securities.
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However, when the Fed suggests that it may increase or reduce stimulus to achieve desired targets, it is referring to more quantitative easing (QE) not less.
It is about the impact of QE on commodities and the food and energy inflation that it may have inadvertently, or perhaps purposefully, engendered.
He then announced a bond-buying plan (Outright Monetary Transactions, or OMT) that, coupled with strong hints by Fed Chairman Ben Bernanke had his finger on the QE-trigger, sparked an impressive risk rally.
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