Easing
in sentence
407 examples of Easing in a sentence
By
easing
restrictions on migration, developed countries could bolster their dwindling workforces with young people from developing countries.
Quickly out of ammunition when the Great Crisis hit in late 2008, former Fed Chair Ben Bernanke embraced the new miracle drug of quantitative
easing
– a powerful antidote for markets in distress but ultimately an ineffective tool to plug the hole in consumer balance sheets and spark meaningful revival in aggregate demand.
This led to a plan to keep short-term interest rates near zero until late 2014, as well as to massive quantitative easing, followed by Operation Twist, in which the Fed substitutes short-term Treasuries for long-term bonds.
The primary impact of monetary
easing
is usually to stimulate demand for housing and thus the volume of construction.
The Fed’s monetary
easing
did temporarily contribute to a weaker dollar, which boosted net exports.
Answering this question requires breaking Abenomics down into its three components – massive monetary easing, expansionary fiscal policy, and a long-term growth strategy – which Abe, referring to the tale of Motonari Mori, a sixteenth-century daimyo (feudal lord), calls the “three arrows.”
A more effective approach would entail achievable, concrete goals like relaxing labor- and financial-market regulations, reducing corporate income taxes, liberalizing trade by joining the Trans-Pacific Partnership, and perhaps
easing
immigration policy.
Abenomics’ three components – or “arrows” – comprise massive monetary stimulus in the form of quantitative and qualitative
easing
(QQE), including more credit for the private sector; a short-term fiscal stimulus, followed by consolidation to reduce deficits and make public debt sustainable; and structural reforms to strengthen the supply side and potential growth.
Similarly, in the Philippines, financial liberalization, by and large, benefited large family-owned corporations, increasing their monopoly power by
easing
access to bank credit.
The first round of fiscal stimulus, supported by credit easing, led local governments and the financial sector to increase their leverage ratios.
Nonetheless, though monetary policy has not helped to kick-start growth in the eurozone, many observers continue to argue that, in order to help governments address their fiscal challenges, the ECB must launch quantitative
easing
(large-scale purchases of long-term assets).
Now it is essentially sustained by a Ponzi scheme, with the Fed’s policy of “quantitative easing” keeping the price of Treasuries artificially high.
The Annual Report of the United States Commission on International Religious Freedom makes this point nicely:“In November 2006, the [AKP dominated] Turkish parliament, as part of the reforms related to possible EU accession, passed a new law governing Lausanne religious minority foundations,
easing
procedures to establish foundations and allowing non-Turkish citizens in Turkey to open them… Then President Ahmet Necdet Sezer [a staunch Kemalist], however, vetoed the legislation.
As long as US interest rates were high, Japanese interest rates remained fairly positive, allowing the BOJ to moderate the effects of the yen's appreciation by
easing
domestic monetary policy.
The government’s prompt action to counter the crisis – fiscal stimulus, growth packages, and monetary
easing
– proved effective.
Moreover, the Fed has left the door open to more quantitative
easing
next year – a tacit acknowledgement that the recovery will be long and sluggish.
A cyclical recovery is underway, supported by monetary
easing
for years to come and increasingly flexible fiscal rules.
Others point out that the US Fed’s “quantitative easing” efforts have been modestly successful, at best.
It is finally confronting the beast that former Fed Chairman Alan Greenspan unleashed over 30 years ago: the “Greenspan put” that provided asymmetric support to financial markets by
easing
policy aggressively during periods of market distress while condoning froth during upswings.
ECB President Mario Draghi often hints at quantitative
easing
– last month, he repeated that, “if required, we will act swiftly with further monetary policy easing” – but his perpetual lack of commitment resembles that of Mark Carney, the governor of the Bank of England, whom one former UK government minister recently compared to an “unreliable boyfriend.”
So we will have to rely on Draghi and quantitative
easing
to save the euro from Germany.
This is because, conceptually, an increase in SDRs is equivalent to an increase in the global central bank balance sheet (quantitative easing).
But lowering interest rates and
easing
monetary conditions to support the exchange rate is not a wise course of action when confidence in the currency and the economy is faltering, foreign investors are pulling their money out of the country, and domestic residents are trying to do the same.
Opponents of quantitative
easing
worry that it augurs inflation – a peculiar position, given the European economy’s current slack.
Quantitative
easing
works by increasing the value of wealth.
Other proposals include
easing
the immigration of highly skilled individuals, particularly graduates from US universities; addressing distortions in international trade and investment; developing a more sustainable federal budget framework; streamlining taxes and regulations; and initiating an ambitious infrastructure program.
But that episode was more short-lived, and it did not cause a global slowdown, owing to the small size of the UK economy and monetary
easing
at the time.
The Chinese government has already started to boost domestic consumption and investment by
easing
monetary policy and cutting taxes.
In view of these conditions, continuing to insist on monetary
easing
seems particularly ill advised.
The Bank of Japan seems well on its way to delivering on the first one – embracing what it calls quantitative and qualitative
easing
(QQE).
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