Detail Running Out of Road; American Economic Policy   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 399 no. 8738 (Jun. 2011), page 73-74. Topik: Economic Policy; Federal Reserve Monetary policy Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.66 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel This month America will reach two economic milestones. The Federal Reserve's "quantitative easing", or QE--loosening monetary policy by buying bonds with newly created money--will draw to a close. And the recovery QE was designed to spur will reach its second anniversary. Yet no one will be celebrating at next week's meeting of the Fed, where officials are almost certain to reiterate that the $600 billion programme of bond purchases will end this month. For all the monetary and fiscal stimulus applied to the economy, the recovery has been a disappointment. Though the chance of renewed recession is slim, in a dreary rerun of last year a promising acceleration in hiring and spending is fizzling. With fiscal and monetary options being closed off, America's policymakers may have limited ways forward. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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