Quantitative Easing

The Economic “Soft Patch” at the End of QE2

The Economic “Soft Patch” at the End of QE2

Economy & Rates

3 min readIntroduction How long does it take for “green shoots” to grow into a “soft patch”? For the U.S. economy, it has taken a little more than two years. In his famous 60 Minutes interview on March 15, 2009, Federal Reserve Chairman Ben Bernanke popularized the phrase “green shoots” to describe the growing confidence in the…

Quantitative Easing, Round Two

Quantitative Easing, Round Two

Economy & Rates

2 min readIntroduction With just two days remaining until the Federal Reserve Board’s key policy meeting, it is almost impossible to avoid the term “quantitative easing round two (QE2)” in the financial press. Ever since the keynote speech by Fed Chairman Ben Bernanke last August , rumors have been rampant that the Fed will implement a daring…