Quantitative easing

Fed likely to tap quantitative easing if risk assets plunge: GIC adviser

[SINGAPORE] The US Federal Reserve is likely to resort to quantitative easing if there is a crash in risk assets such as equities, said GIC adviser Jeffrey Jaensubhakij.

If the US Federal Reserve had begun to tighten monetary policy sooner, the peak in short-term rates would likely have been considerably lower, resulting in fewer losses.
THE BOTTOM LINE

The Fed’s quantitative easing programme has cost too much

The total bill could exceed US$500 billion. A proper evaluation should make the next one less expensive

US Federal Reserve Chair Jerome Powell’s remarks, the most explicit so far about plans to slow a process that has seen about US$1.4 trillion of bonds roll off the Fed‘s balance sheet, was seen by several Wall Street analysts as a signal that a tapering plan will be unveiled as early as the Fed‘s next meeting on April 30-May 1.

US Federal Reserve’s Powell says balance sheet drawdown taper coming soon

THE Federal Reserve is nearing a decision on slowing the pace of its balance sheet run-off, central bank Chair Jerome Powell said on Wednesday, a tapering move that may allow it to shed more bonds tha...

QE is officially dead, but its ghost could linger

QE is officially dead, but its ghost could linger

Some investors detect hawkish tone from Fed's rate-setting board, but fund managers defer

The fortunes of gold as a solid and respected basis for money has gone through a series of evolutions over the last 300 years.
PERSPECTIVE

Quantitative easing revives gold’s reserve asset status

Once reawakened, central bank interest will not be quickly laid to rest

Global trends suggest inflation will be stronger than in the past, with former Bank of England governor Mark Carney among those saying rates will not return to pre-pandemic lows.

Central banks search for lessons from the great inflation outbreak

AFTER the most aggressive monetary-tightening campaign in four decades, academics and economic practitioners are running autopsies on what could have prevented the cost-of-living crisis and how to ens...

The figures reveal the scale of potential damage to the UK public finances from more than a decade of stimulus from the BOE under the quantitative easing programme.

UK says BOE losses on quantitative easing may cost taxpayers £200 billion

UK taxpayers will be on the hook for as much as £200 billion (S$324.1 billion) of potential losses from the Bank of England’s quantitative easing programme after the Treasury lodged plans to cover any...

The Fed has come to rely on quantitative easing (QE) to calm financial markets and boost the economy during severe downturns. For QE to work in the future, QT must work now.

The Federal Reserve’s US$2.5 trillion question

Whether quantitative tightening – which isn’t merely the reverse of quantitative easing – will work gets to the heart of modern monetary policy.

The ECB must make huge interest payments to commercial banks on some 5 trillion euros (S$7.1 trillion) worth of deposits it created via massive bond purchases and cheap loans.

ECB warns of losses for a decade of money printing

The European Central Bank warned on Tuesday (Nov 29) that it might make a loss as high inflation forces it to raise interest rates and foot the bill of a decade of aggressive money printing.