Tags » QE

BUGman Review

From my side, it’s 4.5/5
The authors have succeeded in keeping the narrative tone light throughout the book using simple, lucid language. The occasional gleams of humour even make you smile amidst the technical jargons used. 53 more words

Santosh Avvannavar

"Helicopter money" - reality bites BIS, by Mr Claudio Borio, Head of the Monetary and Economic Department and Mr Piti Disyatat, Executive Director of the Puey Ungphakorn Institute for Economic Research, Bank of Thailand

Since the Great Financial Crisis, central banks in the major economies have adopted a whole range of new measures to influence monetary and financial conditions. The measures have gone far beyond the typical pre-crisis mode of operation – controlling a short-term policy rate and moving it within a positive range – and have therefore come to be known as “unconventional monetary policies.” To be sure, some of these measures had already been pioneered by the Bank of Japan roughly a decade earlier in the wake of that country’s banking crisis and uncomfortably low inflation. 1,085 more words

What has happened to the UK housing market post the leave the EU vote?

As the UK economy moves on post the leave vote we have an opportunity to take a look at the mortgage and housing markets as we peruse new data.   1,391 more words

General Economics

24 Sept 2016 (AFR) - Central bankers reach for more ammunition; continue to sweet-talk markets

(24 September 2016, AFR, p15, by Karen Maley)

‘As the haze of battle settles, it is clear the world’s major central banks have once again stared the markets down.’ 141 more words

1.Market Observations

22 Sept 2016 (AFR) - Why central banks are changing tack - Haruhiko Kuroda tries psychology rather than boosting brute monetary force

(22 September 2016, AFR, p26, by Karen Maley)

‘First Draghi. Now Kuroda. Central bankers’ retreat from aggressive monetary stimulus is now clearly under way. Less than fortnight after Mario Draghi, European Central Bank boss, dismayed investors by keeping monetary policy on hold, the Bank of Japan chief Haruhiko Kuroda decided not to plunge any deeper into the realm of monetary experimentation. 54 more words

1.Market Observations

22 Sept 2016 (AFR) - Bank of Japan yields to banks, insurers and tests out latest tool

(22 September 2016, AFR, p25, by Jonathan Shapiro)

‘The Bank of Japan has added a new central bank tool to its kit – bond yield curbs. 68 more words

1.Market Observations