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Switzerland Introduces Quantitative Easing
Switzerland Introduces Quantitative Easing
The Swiss central bank cut its interest rate close to zero today and started buying foreign currencies to stem the franc’s appreciation in the face of a deepening recession and a looming deflation threat ( Hat Tip`MacroMan ). The result was pretty predictable, the franc plunged the most against ...
Fiscal aspects of quantitative easing (wonkish)
krugman.blogs.nytimes.com — The big policy news this week has been the Fed's decision to buy $1 trillion of long-term... bonds, going beyond the normal policy of buying only short-term debt. Good move - but it's probably worth pointing out that yes, this does expose the Fed, and ... (more) Fiscal aspects of quantitative easing (wonkish)
The Perfection (of sorts) of Quantitative Easing
The Perfection (of sorts) of Quantitative Easing
nihoncassandra.blogspot.com — The Brits are now offically obsessed with quantitative easing, first not comprehending it, then wryly examining it,... finally yielding to a stoic skepticism about it's parochial impacts. There is a certain anodine perfection to the phrase, quantitative ... (more) The Perfection (of sorts) of Quantitative Easing
Quantitative easing
marginalrevolution.com — Bernanke will do it .  I'm sitting in an airport, so here is a very quick take. ... It is cheaper and quicker than fiscal stimulus; this should have been our first move.  It is more likely to work.  There are two effects: ... (more) Quantitative easing
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Swiss QE, déjà vu
FT Alphaville — ... - FT Alphaville Switzerland introduces quantitative easing - A Fistful of Euros This entry was posted by Tracy Alloway on Friday, March 13th, 2009 at 12:34 and is filed under ...

America's Chinese disease (not quite what you think)
Paul Krugman — ... has not been buying is foreign short-term securities. But that’s not because such purchases would be ineffective. On the contrary, selling domestic short-term debt and buying its foreign-currency counterpart is the essence of a sterilized foreign-exchange-market intervention, which is a time-honored way of gaining a competitive advantage and helping your economy expand. And some countries have, in fact, made foreign-currency purchases a part of their quantitative easing strategy — Switzerland in particular . The only reason the Fed isn’t doing this is that we’re a big ...

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European And US Preview: Merkel & Sarkozy, Stock Rally, Nortel, Barclays, OPEC Meeting, G20Daily Markets
News of significant new stimulus measures by both China and Japan, jawboning from Bank of America’s ( BAC ) Ken Lewis and the Swiss National Bank’s decision to start quantitative easing led equity indices to a 3% gain yesterday (Thursday). All this despite GE ( GE ) losing its much ...
Swiss central bank to begin quantitative easingIEHI Feed: The Hedge Fund Implode-o-Meter
" The Swiss National Bank on Thursday announced it would take extraordinary steps to prevent a deflationary spiral, including the purchase of corporate bonds and intervention in the foreign-exchange market to arrest the Swiss franc's rise versus the euro."