European Central Bank (ECB) president Mario Draghi said in remarks Thursday that the central bank will purchase assets for two years in order to boost inflation and spur economic growth, a move similar to the Federal Reserve’s quantitative easing. Draghi told reporters at a press … [Read more...]
Federal Reserve likely to continue QE taper citing improved economy
This week, members of the Federal Open Market Committee (FOMC), including Federal Reserve Chair Janet Yellen, will hold a meeting over its monetary policy initiative. Experts suggest the Fed is signalling that it will continue with further tapering of its monthly bond-buying … [Read more...]
Federal Reserve official warns central bank could delay QE taper
Last month, the Federal Reserve further reduced its third round of quantitative easing (QE) during its road to tapering. However, the central bank will maintain current Fed Funds Rate of near 0.000 percent – Fed Chair Janet Yellen has already confirmed that she does not have any … [Read more...]
Peter Schiff: Fed’s QE creating massive stock, real estate bubbles for 1%
It has long been argued since the beginning of the Federal Reserve’s quantitative easing program that bubbles are being formed and once they burst then the United States economy would be in worse shape than at the height of the Great Recession. Peter Schiff, president of Euro … [Read more...]
Federal Reserve balance sheet growing out of control reaching $4 trillion in 2013
The Federal Reserve announced Friday that its balance sheet soared to $4 trillion by the end of last year. In efforts to revive the United States economy, the nation’s central bank made immense asset acquisitions of $1.1 trillion as part of its monthly $85 billion quantitative easing … [Read more...]
Will Janet Yellen’s ‘do all I can’ remark mean increased QE
Prior to officially becoming head of the most powerful system in the world, the Federal Reserve, there were numerous warnings that she would not reverse the $10 to $20 billion taper talk and actually increase the central bank’s quantitative easing measures that were put into place by … [Read more...]