Examples of using Quantitative easing in English and their translations into Hebrew
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The ECB is maintaining its negative interest rate policy,but has begun reducing the volume of quantitative easing.
This is the fourth or fifth argument against quantitative easing after all the other ones have been proven to be wrong.
The Bank of England stood pat this morning on interest rates andmade no changes to its massive quantitative easing program.
The efficacy of further quantitative easing in an environment of well-functioning markets and already very low medium-term rates is highly questionable.
An investment of $100 in a portfolio of stocks andbonds since the Federal Reserve began quantitative easing would now be worth $205.
The impact of[quantitative easing] seems to be becoming less meaningful,” says Brian Kleinhanzl, banks analyst at Keefe, Bruyette& Woods in New York.
This outcome indicated that theFed was correct in its decision to taper its quantitative easing policy- as well as in its timing and approach to the policy.
Central banks' support for markets since 2008 has been unprecedented- not just near-zero rates,but also the buying of assets through quantitative easing(QE).
You have to admit that there is a problem with the long-term quantitative easing programs implemented in the world, but on the other hand, they did the work both in the US and in Europe.
However, the government cannot keep those yields at rock bottom unless it remains credible,and the central bank will at some point want to end quantitative easing.
Inflation measured over the preceding 12 months turned negative,and the ECB announced a quantitative easing program in which it will purchase €60 billion of government bonds per month.
Abe quickly announced a ¥10.3 trillion stimulus bill, and appointed Haruhiko Kuroda to head the Bank of Japan with a mandate to generate a2 percent target inflation rate through quantitative easing.
The problem is that we see the same process, in particular through quantitative easing, of a thinking of a perpetual money machine nowadays to tackle the crisis since 2008 in the U.S., in Europe, in Japan.
Against the background of the improvement in macroeconomic conditions in the US,the Federal Reserve announced in June that it would reduce quantitative easing should the improvement continue.
This has very important implications to understand the failure of quantitative easing as well as austerity measures as long as we don't attack the core, the structural cause of this perpetual money machine thinking.
The Monetary Committee assesses that a significant share of the appreciation is based on enhanced monetary accommodation worldwide,particularly negative interest rates and quantitative easing programs in Europe and Japan.
While most central banks have ended their quantitative easing programs and are planning to sell their federal securities, the Bank of Japan continues to aggressively buy its own government's debt.
Earlier, James Bullard, president of the Federal Reserve Bank of St. Louis,urged the European Central Bank to consider employing a US style quantitative easing program to counter slowing inflation and recession in the euro zone.
Therefore, even if the process of reducing the quantitative easing will begin soon, it is expect very clear messages from the ECB regarding the interest rate in the Euro zone will remain at its level for a long time to come.
In a separate statement, the IMF said that the ECB should use unconventional measures if necessary, such as reactivating its bond-buying program,additional long-term refinancing operations or the introduction of some form of quantitative easing.
In the US, the interest rate path has been in an upward trend during the past year,while in Europe the quantitative easing adopted by the central bank was reduced, but interest rates in Israel and globally remain historically low.
In the US, while there is still no clear intention to raise the interest rate, and expectations are that it will remain at its low level until the end of the year at least,assessments are growing of an impending end of quantitative easing, as scheduled.
After more than $12 trillion of quantitative easing world-wide, currency markets are now more sensitive to the gyrations of the long-dated bonds vacuumed up by the central banks- and that makes them even harder to predict than usual.
In response to the worsening of the real economic situation worldwide, the leading central banks continued to adopt accommodative monetary policies, which was expressed in a continuation-and even an increase- of quantitative easing programs and interest rate reductions.
In part this newfound enthusiasm for Old World equities simply reflects drearier prospects elsewhere,plus a bet that the quantitative easing belatedly launched last month by the European Central Bank(ECB)- which plans to buy €60 billion($65 billion) of financial assets a month until September 2016- will raise asset prices in the euro zone as similar programmes did in America and Britain.
If the Federal Reserve followed the same example and bought 40% of the national indebtedness in the US, $8 trillion could be held in federal securities,this being three times what is currently detained from the quantitative easing programs.
It also takes into account any geopolitical developments that could cause risk in the market(elections, natural disasters) as well as the monetary policies and actions of Central Banks,like changing interest rates(which can encourage or discourage investors), quantitative easing(which can spur the economy and inflation) and the specific language used in press conferences and announcements.
With that, in recent years the global economy has gradually been recovering from the effects of the crisis, and the expectation that the recovery will continue requires the Bank to prepare for continued normalization in monetary policy worldwide, which has already been reflected in interest rate increases in the US and in other economies,in a gradual cessation of the quantitative easing process, and more.
Over the preceding weekend, the Saudi Arabian Monetary Authority announced a $13 billion credit-line package to small and medium-sized companies,[188] while South African President Cyril Ramaphosa announced a fiscal stimulus package.[189] The Federal Reserve announced that it would cut the federal funds rate target to 0%- 0.25%, lower reserve requirements to zero,and begin a $700 billion quantitative easing program.