Easing
in sentence
407 examples of Easing in a sentence
I come to you with a modest proposal for
easing
the financial burden.
It is after all the 60's and the world is hardly
easing
into change of attitude toward war, personal rights, personal freedoms and the mixing of the races.
To do so, they have relied on near-zero interest rates and unconventional measures like quantitative
easing
to stimulate growth and job creation.
Though the
easing
of rules for hiring and firing workers has probably helped to boost employment in some countries, such as the UK, it may also be depressing real wages.
Instead of
easing
liquidity constraints, as expected, these gains have exacerbated them, reflected in a spike in the interbank interest rate in October, when the seven-day rate soared to 5% and the yield on ten-year government bonds reached a five-year high.
Abe has thus been denied the legacy that he sought, while Putin has succeeded in
easing
Russia’s international isolation.
The Shortcomings of Quantitative
Easing
in EuropeCAMBRIDGE – Why has the US Federal Reserve’s policy of quantitative
easing
been so much more successful than the version of QE implemented by the European Central Bank?
That intellectual question leads directly to a practical one: Will the ECB ever be able to translate quantitative
easing
into stronger economic growth and higher inflation?
The Fed introduced quantitative
easing
– buying large quantities of long-term bonds and promising to keep short-term interest rates low for a prolonged period – after it concluded that the US economy was not responding adequately to traditional monetary policy and to the fiscal stimulus package enacted in 2009.
This is particularly the case today, when, after sustained massive “quantitative easing” by major central banks, many governments have exceptionally short maturity structures for their debt.
But, as long as the degree of insolvency is small enough that a relatively minor degree of monetary
easing
can prevent a major depression and mass unemployment, this is a good option in an imperfect world, this is a good option in an imperfect world.
Unlike the days of yore, when cutting the price of credit could boost borrowing, “quantitative easing” purportedly works by stimulating asset and credit markets.
The dollar’s value then remained relatively stable during more than three years of quantitative
easing
– and actually rose during 2013, when the Fed’s asset purchases reached a high of more than $1 trillion.
The Fed’s quantitative
easing
also did not cause an increase in the rate of inflation.
Its role has expanded over time, and the Fed, along with many of its developed-country counterparts, has engaged in increasingly unconventional monetary policy – quantitative easing, credit easing, forward guidance, and so on – since the 2008 global financial crisis.
This could take a number of forms: quantitative
easing
combined with fiscal expansion (for example, higher infrastructure spending), direct cash transfers to the government, or, most radically, direct cash transfers to households.
First, in countries where early fiscal austerity is necessary to prevent a fiscal crisis, monetary policy should be much easier – via lower policy rates and more quantitative
easing
– to compensate for the recessionary and deflationary effects of fiscal tightening.
During 2009-2014, developing countries collectively received a net capital inflow of $2.2 trillion, partly owing to quantitative
easing
in advanced economies, which pushed interest rates there to near zero.
Through its unconventional monetary easing, the Fed is attempting to create a shortcut around the imperative of household sector balance-sheet repair.
If it finally turns to quantitative
easing
in June, it will take only baby steps down this path, because ECB President Mario Draghi and his team remain reluctant to embrace the kind of radical measures that would shock their political masters.
Is walking away from the Iran nuclear deal, as many supporters of the new US administration are demanding, conducive to
easing
the crisis in the Middle East?
In the United Kingdom, banks have been criticized for not lending the reserves created by quantitative
easing
to the real economy, leading the Bank of England to introduce its “funding for lending” scheme in 2012.
This explains the almost continuous stream of measures that emanate from Beijing these days: increased public spending, monetary easing, pressure on state enterprises to expand activity, subsidies to exporters, partial convertibility of the remninbi to spur trade with neighboring countries, and so on.
Some reformers in government want more German-style apprenticeship schemes; there is talk of tax breaks for small businesses, and of
easing
excessively intrusive regulatory burdens.
As Robert Kaplan argues: “stabilizing Afghanistan is about much more than just the anti-terrorist war against al-Qaeda and the Taliban; it is about securing the future prosperity of the whole [region], as well as
easing
India and Pakistan toward peaceful coexistence through the sharing of energy routes.”
When Europe and the United States challenged this mercantilist approach with the 1985 Plaza Accord, the Bank of Japan countered with aggressive monetary
easing
that fueled massive asset and credit bubbles.
Unsurprisingly, the wealth effects of monetary
easing
worked largely for the wealthy, among whom the bulk of equity holdings are concentrated.
The first option, a sharp weakening of the euro, is unlikely, as Germany is strong and the ECB is not aggressively
easing
monetary policy.
But central banks can hardly be enjoined from
easing
monetary policy when domestic economic conditions warrant it, as has obviously been the case in Japan and Europe (and in the US when the Federal Reserve embraced QE).
Recently, the United States Federal Reserve has even engaged in an unprecedented round of “quantitative easing” in an effort to accelerate the recovery.
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