Easing
in sentence
407 examples of Easing in a sentence
Quantitative
easing
in the advanced countries also raises a question of coordination.
Perhaps that is why some in the international community are similarly hesitant about
easing
Myanmar’s isolation.
But can a few dozen basis points in (poorly measured) long-term inflation expectations justify the need for massive quantitative
easing
and a policy rate 250 points lower than it was at a time of weaker market fundamentals?
With foreign infusions of cash
easing
the need for tax revenues, politicians are likely to spend more time courting donors than caring for their constituents.
After all, one of the main benefits of the Federal Reserve’s policy of “quantitative easing” – perhaps the only channel with a significant effect on the real economy – derives from the depreciation of the US dollar.
After all, low interest rates benefit debtors and hurt creditors, as does the inflation that can be spurred by monetary
easing.
This applies particularly to the Fed, which in the autumn of 2010 launched a second round of quantitative
easing
to stimulate economic growth and employment in the short run, but also to the Bank of England, which is criticized for being too lax.
In rapid succession, advanced-country central banks also launched quantitative
easing
(QE), purchasing massive volumes of long-term government securities to reduce their yields.
Years before the global financial crisis – and before the term “QE” (quantitative easing) became an established fixture of the financial lexicon – foreign central banks’ ownership of US Treasuries began to catch up with, and then overtake, the Fed’s share.
Historical arguments over whether FDR’s New Deal worked now form an important part of American debates over current monetary and fiscal policy in general, and the US Federal Reserve’s policy of quantitative
easing
in particular.
Trichet somehow garbled the Council’s message in his press conference, making it sound as if the ECB wanted to shift to an
easing
bias instead of “wait and see” neutrality.
But, with the BOJ joining the US Federal Reserve and the Bank of England in
easing
monetary policy, there will be upward pressure on the euro.
Meanwhile, in Japan, the private sector’s patience with Prime Minister Shinzo Abe’s three-pronged strategy to reinvigorate the long-stagnant economy – so-called “Abenomics” – will be tested, particularly with regard to the long-awaited implementation of structural reforms to complement fiscal stimulus and monetary
easing.
Moreover, given that the ECB, the Bank of England, and the Fed are venturing into capital markets – via quantitative
easing
(QE) in the US and the UK, and the ECB’s “outright monetary transactions” (OMT) program in the eurozone – long-term real interest rates are also negative (the real 30-year interest rate in the US is positive, but barely).
There was quantitative
easing
(QE), or purchases of long-term government bonds, once short-term rates were already zero.
This was accompanied by credit
easing
(CE), which took the form of central-bank purchases of private or semi-private assets – such as mortgage- and other asset-backed securities, covered bonds, corporate bonds, real-estate trust funds, and even equities via exchange-traded funds.
It is only with the Bank of Japan’s quantitative
easing
since the launch of “Abenomics” in 2012 that the yen’s real appreciation has been reversed somewhat.
It should also be obvious that
easing
the sanctions would deprive the EU and the US of their leverage over the Kremlin – and their remaining credibility in Kyiv.
To be sure, much more aggressive policy action (massive and unconventional monetary easing, larger fiscal-stimulus packages, bailouts of financial firms, individual mortgage-debt relief, and increased financial support for troubled emerging markets) in many countries in the last few months has reduced the risk of a near depression.
In principle, GVCs benefit these economies by
easing
entry into global markets.
But five years of zero interest rates and massive quantitative
easing
have failed to achieve this.
The threat posed by competitive monetary
easing
matters to everyone.
In practice, helicopter money can look a lot like quantitative
easing
– purchases by central banks of government securities on secondary markets to inject liquidity into the banking system.
Other commodity prices had risen rapidly in the early 1970’s, in direct response to monetary
easing
in the US and elsewhere.
Monetary policy – in particular, the vast money-printing “quantitative easing” programs pursued by central banks in recent years – has run out of space, too, with price inflation ticking up and central-bank balance sheets a record size.
There is also a moral-hazard aspect to the austerity argument:
easing
repayment terms for spendthrift governments will only encourage reckless behavior in the future – forgiving past sins perpetuates sinning.
But a shift toward policies to promote growth, supported by the
easing
of deficit targets and the issuance of Eurobonds, is essential to bring Europe back from the brink of sustained recession, to stabilize Europe’s financial markets, and to prevent another significant disruption to global capital markets.
The reform plan was supposed to improve the situation by allowing migrants in towns and small cities to acquire local residency permits more freely, while
easing
the requirements in medium-sized cities.
Five years ago, Taylor and his intellectual allies wrote an “Open Letter to Ben Bernanke,” warning that the quantitative
easing
planned by the Federal Reserve’s then-chairman risked “currency debasement and inflation.”
Already, this effect has kept consumer- and producer-price indices from rising, despite monetary easing, while inflating asset-price bubbles.
Back
Next
Related words
Monetary
Quantitative
Policy
Rates
Economic
Fiscal
Which
Interest
Banks
Their
Growth
Central
Would
Financial
Economy
Inflation
Could
Government
Pressure
Massive