TOKYO (dpa-AFX) - The Bank of Japan kept its interest rates as well as yield curve control unchanged and modified some of its lending programs.The Policy Board of the BoJ unanimously decided to
TOKYO (dpa-AFX) - The Bank of Japan left its yield curve control, a core pillar of the monetary policy, unchanged on Wednesday, defying expectations for a tweak in its ultra-loose monetary regime
John Hussman has an interesting take on
Quantitative Easing! vs Quantitative Easing in his latest monthly missive Counting the Chickens Twice
After decades of successfully navigating complete market cycles, my greatest investment mistake (particularly between 2012 and 2017) was to underestimate the extent to which the
idea of quantitative easing would infect the minds of investors and abolish their discernment.
As a policy, quantitative easing is very straightforward: the Federal Reserve buys interest-bearing Treasury securities, and pays for them with zero interest base money (currency and bank reserves) that someone has to hold at every moment in time until that base money is retired.