Category: Quantitative & Monetary Easing News

Instantly update and podcast Quantitative & Monetary Easing News and Analysis from varies financial media, and provide a sitemap Quantitative & Monetary Easing news summary for the one who wanted to catch up economic change in timely manner.

Economy hasn’t hit bottom yet, but bounceback from COVID-19 coming, Bank of Canada says

The Bank of Canada elected to keep its benchmark interest rate steady at 0.25 per cent on Wednesday, reiterating its pledge to keep it there "until the recovery is well underway."Eight times a year, Canada's central bank meets to set its benchmark interest rate, known as the target for the overnight rate, which impacts the rates that Canadians get on things like mortgages and savings accounts at banks....

Lytikainen: The Gold Bull Market Is Just Getting Started

Authored by Erik Lytikainen via RealInvestmentAdvice.com,2021 marks the 50th anniversary of President Nixon’s decision to suspend the convertibility of U.S. dollars into gold. At that time gold was just $35 per ounce. As we approach the August 13th “golden anniversary” date, a review of the past 50-years is worthwhile.Strategic View: Gold Could see $25,000 in 10 yearsThe two big rallies in gold occurred over roughly 10-year periods. Both saw dramatic increases...

The Staggering Levels Of Real “Inflation-Adjusted” Gold And Silver Prices

Authored by Ronan Manly via BullionStar.com,In economics, a real value refers to any value that has been adjusted for inflation. A nominal value is a value that has not been adjusted for inflation. Inflation here refers to the general increase in price levels.Many will be familiar with inflation adjustments that are applied to GDP, wages, interest rates, security returns, and of course consumer prices and asset prices. The...

Gold Traders Await more Clarity on The New Administration’s Policies

Silver futures are trading respectably higher on the day, scoring the largest percentage gain of all of the precious metals. Dollar weakness was a definitive factor in today’s gains. As of 4:11 PM EST, the U.S. dollar index is currently trading down 27 points (-0.30%) and fixed at 90.48. Currently, February 2021 gold futures are up to $9.20 (+0.50%) and fixed at $1839.10. March Silver futures have gained...

First Mover: Ethereum Steals Limelight With New All-Time High Price as Bitcoiners HODL

Bitcoin (BTC) was higher for a second day, staying in the past two weeks’ range of between roughly $34,000 and $40,000.  “This period of consolidation is building a solid base, giving those who wish to sell bitcoin plenty of time,” according to the cryptocurrency exchange firm Diginex. Ether (ETH), the second-biggest cryptocurrency, rose Tuesday to a new all-time high of $1,499.33, reaching price levels not seen since early 2018. The LINK token from Chainlink,...

BOJ’s policy review may make ETF buying more flexible: Reuters poll

By Kaori Kaneko4 Min ReadTOKYO (Reuters) - The Bank of Japan will likely focus on measures to make its purchases of risky assets, such as exchange-traded funds (ETF), more flexible as the economy comes under growing strain from a spike in COVID-19 infections, a Reuters poll found.FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19)...

China to seize economic crown from US years early on COVID success

BEIJING -- It's a milestone heralding a pivotal shift in global power that had been expected for more then a decade: China passing the U.S. as the world's largest economy. But thanks to its success in containing the coronavirus pandemic, that year may arrive much quicker than thought, perhaps in 2008.China has more or less succeeded in containing COVID-19 and has turned its focus back to economic growth,...

The Guardian view on Boris Johnson’s plan: levelling down, not up | Editorial

Today’s Conservative party is the opposite of what it pretends to be. Boris Johnson’s great crusade, he claimed, was to level up Britain. Coronavirus affects everyone, but not equally. Wealthier folk can shrug off the economic shock; the poor cannot. The best way to help those at the very bottom of society is to give them money directly. Whether it’s to feed hungry children or to ensure hundreds...

The Destructive Force And Failure Of QE

Authored by Alasdair Macleod via GoldMoney.com,This article concludes that quantitative easing as a means of stimulating economies and financing government deficits will fail. The underlying assumption is that the transmission of additional money to non-banks in order to inflate financial assets, and to banks to cover government finances, will become too great in 2021 for it to succeed without undermining fiat currencies and financial markets. Admittedly, this opinion...

The economic challenges facing Joe Biden as he enters the White House

Joe Biden faces two economic challenges in taking office this week.The first and most immediate priority will be to get to grips with the COVID-19 pandemic and the damage it has inflicted on the US economy. The rollout of vaccines itself is way behind where those who run US health policy had hoped it would be and, with the number of cases having topped 23 million, the pandemic...

RBA warns that low rates don’t come without cost

As every saver (and mortgage holder) would know, interest rates have never been lower. One of the hallmarks of the government’s response to the coronavirus recession last year was unprecedented monetary policy. Interest rates were already at ‘record lows’ before the pandemic. But as the economy ground to a halt last year, the Reserve Bank of Australia (RBA) found new meaning in that phrase. As it stands today,...

IMF Tells Governments: Spend as Much as You Can and Then Spend More

The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very bullish for bitcoin. IMF Encourages Mass Spending IMF Managing Director Kristalina Georgieva has urged governments worldwide to...
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