Tapering
18
Dec
Tapering Subject – Economy Context – THE US Federal Reserve said that it will curtail its extraordinary policy support for the American economy more quickly than predicted and underscored its plans to hike interest rates three times next year. Concept – Fed tapering is the gradual reduction in the bond buying program of […]
Tapering
28
Aug
Tapering Context: Fed Chair Jerome Powell’s Jackson Hole speech was a balanced outline on the economy even as it confirmed the advent of QE tapering before the end of 2021. Concept: Quantitative Easing: QE refers to an unconventional monetary policy in which a central bank purchases government securities or other securities from the […]