More specifically, this piece should be titled, "Diminishing Effects of Global Quantitative Easing in a Long-Only Portfolio," but that seemed a little long. Have we returned to an era where bad ...
Kevin Warsh is right to point out the influence of the Federal Reserve’s balance sheet on inflation (“Interest Rates Are a Sideshow in the Fed Drama,” op-ed, July 29). Until the global financial ...
This article argues that lower government debt issuance is equivalent to a central bank-operated asset purchase program, commonly known as quantitative easing (QE), as both reduce anticipated future ...
In the wake of continued weakness in the Japanese economy and recent market turbulence due to the terrorist attacks in the U.S., the Bank of Japan (BOJ) recently increased the intensity of its ...
The Federal Reserve has conducted significant interventions in the repo market, but the consequences of these interventions for market outcomes are unclear. I investigate the response of institutional ...