Easing
in sentence
407 examples of Easing in a sentence
Of course, monetary
easing
is not purely zero-sum.
Given fiscal drag and private deleveraging, lack of sufficient monetary
easing
in recent years would have led to double and triple dip recession (as occurred, for example, in the eurozone).
A better approach in advanced economies would have comprised less fiscal consolidation in the short run and more investment in productive infrastructure, combined with a more credible commitment to medium- and long-term fiscal adjustment – and less aggressive monetary
easing.
The right policies – less fiscal austerity in the short run, more public investment spending, and less reliance on monetary
easing
– are the opposite of those that have been pursued by the world’s major economies.
But, following monetary
easing
and fiscal expansion, it is Abenomics’ third “arrow” that will prove most important – and most politically challenging.
The enormous program of quantitative
easing
that Draghi pushed through, against German opposition, has saved the euro by circumventing the Maastricht Treaty’s rules against monetizing or mutualizing government debts.
It could also mean offering national treatment (the same registration process as for domestic enterprises) to more foreign firms and
easing
constraints on foreign acquisitions of Chinese firms, in a way that is consistent with national security.As for the US, it should stop equating strategic competition (often a zero-sum game) with economic competition (which may be zero-sum in the short run, but creates win-win outcomes in the long run).
It could also mean offering national treatment (the same registration process as for domestic enterprises) to more foreign firms and
easing
constraints on foreign acquisitions of Chinese firms, in a way that is consistent with national security.
It has now changed sides and embraced quantitative
easing
on an unprecedented scale.
But that would still leave little room for monetary
easing
in response to recessionary trends before the policy rate hits zero again.
Though Chinese officials have spoken broadly of enhancing exchanges of people,
easing
restrictions on the use of foreign currency, and reducing trade barriers, reviving and modernizing the ancient Silk Road also requires functioning infrastructure focused on interoperability and multimodal connectivity.
He recommends that Japan continue its current method of monetary
easing
– which can boost demand, while maintaining some safeguard against inflation – and postpone its forthcoming consumption-tax hike.
Moon also plans to expand state-run daycare centers and extend parental leave, thereby
easing
the burden of childcare on families.
Moon’s government can also contribute to private-sector job creation by
easing
regulations, helping small- and medium-size businesses to thrive, and ensuring a flexible labor market, in which full-time employment is not excessively protected and performance-based wage increases are applied.
The Fed cannot reduce short-term interest rates below zero, so it is attempting via this policy of “quantitative easing” to reduce longer-term interest rates.
Yet America’s right wing objects to this, for reasons that largely remain mysterious: what, at the level of economic theory, is the objection to quantitative
easing?
Such inflows are driven in part by short-term cyclical factors (interest-rate differentials and a wall of liquidity chasing higher-yielding assets as zero policy rates and more quantitative
easing
reduce opportunities in the sluggish advanced economies).
Above all, they should be generous in
easing
the financial burden on families, especially those with young children, who may have lost their sole breadwinner.
In the case of Japan today, the exchange rate is being determined less by its own monetary expansion than by America’s move toward monetary tightening, following a period during which massive quantitative
easing
(QE) by the US Federal Reserve put upward pressure on the yen.
Perhaps, but most students of monetary policy view quantitative
easing
as the textbook policy for pulling an economy out of a zero-interest-rate “liquidity trap,” thereby preventing the onset of a sustained deflation, which would exacerbate debt burdens.
This intervention upset the EU, as it has put upward pressure on the euro at a time when the European Central Bank has placed interest rates on hold while the Bank of Japan (BoJ) and the US Federal Reserve are
easing
monetary policy further.
In principle, there is little difference between monetary
easing
– lower policy rates or more QE – that leads to currency weakening and direct intervention in currency markets to achieve the same goal.
Some recent reports indicate that Hamas’s rising political clout in the Palestinian territories has prompted the Bush administration to consider
easing
its hard-line approach.
Third, economic growth has been flat on average in the UK over the last couple of quarters, with front-loaded fiscal austerity coming at a time when rising inflation is preventing the Bank of England from
easing
monetary policy.
It took only a few words from Fed Chairman Ben Bernanke last May – announcing the eventual end of quantitative
easing
– for markets to lose confidence in emerging economies with current-account deficits near or above 4% of GDP.
Whatever the acronym – first, ZIRP (the zero interest-rate policy of the late 1990s), then QQE (the qualitative and quantitative
easing
launched by BOJ Governor Haruhiko Kuroda in 2013), and now NIRP (the recent move to a negative interest-rate policy) – the BOJ has over-promised and under-delivered.
And, in Asia, Prime Minister Shinzo Abe’s new Japanese government has already depressed the value of the yen and buoyed export prospects by placing reflation through monetary
easing
at the center of its agenda, while the most recent statistics out of China suggest significantly faster export growth than was anticipated.
To say that the Fed’s policy of “quantitative easing” might taper off, they explained, was different from saying that it would be halted.
Finding the Policy ExitNEW YORK – There is a general consensus that the massive monetary easing, fiscal stimulus, and support of the financial system undertaken by governments and central banks around the world prevented the deep recession of 2008-2009 from devolving into Great Depression II.
Easing
those fears is big concern in the US these days.
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