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Federal stimulus - QE2

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Short View: RIP QE2

Counter-intuitive as it may seem, the withdrawal of the biggest customer for US Treasuries might have the effect of pushing prices up

Economic Outlook: Fed’s next move awaited

Federal Reserve meeting as QE2 comes to an end and moves for a second Greek bail-out will offer strong clues on direction of the global economy

CPI rise ties Fed’s hands on further easing

Core prices rose at their fastest rate for five years in May, making it almost impossible for the Fed to ponder further monetary easing

Markets wait as QE2 draws to a close

From the moment the US Federal Reserve began its second, $600bn round of quantitative easing last autumn, its June meeting was circled on the market’s calendar

Bernanke signals no new round of easing

Ben Bernanke sent a strong signal that the US Federal Reserve is not planning to loosen monetary policy despite weaker economic data

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Interactive

Quantitative easing explained

An interactive graphic exploring what quantitative easing is and why a second round of QE is being considered. It also gauges the effects of the previous round of monetary easing in the US, UK and Japan

Quantitative easing

Comment and analysis

Investment: The Fed flood slows to a trickle

Global markets for the past nine months have experienced their version of a sugar high. Assets from commodities to equities have been boosted by the second round of so-called quantitative easing by the Federal Reserve, writes Richard Milne

America is too tethered to take off

Clive Crook

The stalling recovery, and the evident incapacity of Congress and the administration to respond, should silence talk of a rapid exit from QE2 and put QE3 back on the table, writes Clive Crook

Investors wary of post-QE2 bear trap for dollar

The US currency index has rallied nearly 5 per cent from a 33-month low hit in early May and there are signs of short covering ahead of tighter monetary policy

There will be more monetary elixir after the end of QE2

Quantitative easing isn’t dead but merely slumbering, and we may yet get a sequel to QE2, writes Scott Minerd

Treasuries rally leaves bears caught short

US government bond markets have confounded many investors this year with yields spiralling lower in spite of mounting concerns over the budget deficit

US: When timing is all

As the Fed prepares to end its pump-priming programme of asset purchases, how it reverts to monetary normality will be crucial for US economic progress

Bernanke braves the Fed-bashers

Will a more prominent public voice make it easier or more difficult for the US central bank to preserve its freedom of macroeconomic action, asks Clive Crook

Inflation data is not easy to read for the Fed

The inflation story is not so easy to interpret. It is possible that the next few months could again see a downward drift in the rate of change in core prices, writes Robin Harding

Lex

QE3: not sailing anytime soon

Many investors appear to be expecting more quantitative easing, but the Fed would need far more evidence before taking a contentious course that would provoke political attacks

QE2

The Federal Reserve must show that it is prepared to push hard, even at the risk of high inflation

The dollar: QE3 may not sail

The Federal Reserve’s governors are trying to tell investors something by talking up more hawkish options, but only the foreign exchange market seems to be listening

The rise of quantitative easing

How something few had heard of until recently (or understands) now moves markets

More stories

Minutes show Fed weighing exit move

Fed to signal end of monetary easing

Fed officials talk down tightening

End of QE2 sets tricky path for emerging nations

Fed will not taper asset purchases, minutes show

Treasuries face being caught in QE2’s wake

QE2: what happens when it ends?

US growth stronger than expected

Stimulus delivers record Fed boost

Fed begins to prepare for life after QE2

Inflation rate signals likely QE2 freeze

Fed denies policy is causing food rises

Fed passes China in Treasury holdings

Bernanke’s QE2 efforts receiving mixed signals

Federal Reserve makes cautious growth upgrade

Fed prepares its next move after QE2

Plosser expresses doubts on QE2

Quantitative easing is working, says Fed

Fed remains confident on pace and scale of QE2

US recovery not enough to curb QE2