4 Oct, 2018

Quantitative Tightening: What’s Happening 12 Months On

By |2021-09-24T10:43:36+10:00Oct 4, 2018|Bonds, Education, Federal Reserve, Market Commentary|

Quantitative easing (QE) was first pioneered by the Bank of Japan (BoJ) way back in 2001, when it was employed as a stimulative economic policy, after the BoJ ran short-term rates down to zero.  QE’s mechanism for stimulation is the purchase of debt securities by central banks (in the secondary market), causing the central bank’s reserve supply to increase and [...]