- There is life in the Philips curve after all! research.chicagobooth.edu/-/media/resear… research.chicagobooth.edu/-/media/resear… 11 months ago
- Finally some sense on the matter! bloomberg.com/opinion/articl… bloomberg.com/opinion/articl… 11 months ago
- Alan Krueger's infamous Rock 'n Roll Speech: obamawhitehouse.archives.gov/blog/2013/06/1… obamawhitehouse.archives.gov/blog/2013/06/1… 1 year ago
Tag Archives: US
The Fed began the process of ending QE and thereby kicked off the end of a 30-year long cycle of progressively easier monetary conditions. In starting the tapering process earlier than expected, the Fed has traded off incremental adjustments in … Continue reading
The Fed surprised markets with a more hawkish posture than expected, suggesting the start of QE tapering in late 2013 and completion by mid-2014. While Fed guidance may not ultimately come to pass, EM equity markets in particular remain subject … Continue reading
Recent market perceptions notwithstanding, the Fed is unlikely to end its accommodative stance (incl. QE) anytime soon. However, this does not mean that asset markets will continue to derive undiminished support from such actions forever.
In its new round of quantitative easing, the Fed’s operations are now open-ended, unlike in previous instances. What is more, in what could mark a turning point in its approach to monetary policy, it signaled that its loose stance might … Continue reading