Detail Clearer, but Less Cuddly; The Federal Reserve   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 407 no. 8841 (Jun. 2013), page 12-14. Topik: Central Banks; Monetary Policy; Bonds Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel For the past six weeks financial markets have been in a tizzy about "tapering"--central-bank jargon for the process by which the Federal Reserve plans to slow the pace at which it prints money to buy bonds ("quantitative easing"), from the current clip of $85 billion a month. Since early May fear of the end of ultra-cheap money has driven yields on ten-year Treasury bonds up by over 40%. Emerging-market currencies and bonds have wobbled. Some worry about parallels with 1994, when tighter Fed policy caused global financial turmoil. The recent jitters show how bumpy the exit from super-loose monetary conditions might be. But it was also the result of poor communication by America's central bankers. Bernanke should beware of tapering too soon. The case for keeping up the pace of bond-buying is strong. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

Copyright © 2006, 2007 Unika Atma Jaya, all rights reserved