Quantitative easing
Fed floats bond issuance
The Federal Reserve is considering issuing its own bonds as a means to absorb the liquidity with which it has flooded markets as well as for fundraising purposes.
Bernanke signals shift to quantitative easing
Ben Bernanke, the chairman of the Federal Reserve, has hinted that the central bank will turn increasingly to its armoury of quantitative easing tools with its stock of rate cuts almost spent.
BoJ - inflation to accelerate in Q1
The Bank of Japan's (BoJ) nine-member board ended Thursday's monetary policy meeting by keeping policy unchanged. BoJ governor, Toshihiko Fukui, said he expected inflation to accelerate in first quarter of 2006.
Fukui positive on economy, inflation
In a statement before a parliamentary committee on August 2, the governor of the Bank of Japan, Toshihiko Fukui, spoke of the country's improving economic situation and how the central bank's policies were adapting.
Does excess liquidity pose a threat in Japan?
This IMF Discussion Paper examines the effects of quantitative easing implemented by the Bank of Japan since early 2001, looking specifically at the impact on inflation expectations and real asset prices.
Easing out of Monetary Easing
As an end to deflation nears, the Bank of Japan faces the tricky question of how to leave behind its policy of "quantitative easing". The San Francisco Fed has some advice.
Speech by BOJ dep gov Toshiro Muto
Toshiro Muto, Deputy Governor of the Bank of Japan, asks "What Have We Learned from "Unconventional" Market Operations?" and assures that the BOJ will "continue to exert every effort to enhance the transmission mechanism of monetary policy, while…
BoJ switches to target monetary base
As expected, the Bank of Japan has reinstated its zero interest rate policy, but it has done this by switching its operational target to expand the money supply.