BOJ Said to See Significant Room for More Bond Purchases (Dec 2013)

BOJ

Source: Bloomberg – BOJ Said to See Significant Room for More Bond Purchases

Notable excerpts:

Bank of Japan officials see significant scope to boost government bond purchases if needed to achieve their inflation target, according to people familiar with the discussions, signaling little concern with perceptions of underwriting fiscal deficits.

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Given Its Highly Risky Balance Sheet, It’s Time To ‘Stress Test’ The Fed (Jun 2013)

federal-reserve

Source: Forbes –  Given Its Highly Risky Balance Sheet, It’s Time To ‘Stress Test’ The Fed

Notable excerpts:

The Federal Reserve has been actively applying “stress tests” to the nation’s banks. Surprisingly no one has suggested a stress test for the Fed.  Yet, in today’s economic environment the Fed’s balance sheet is far riskier than private banks’.

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Rajoy Punishes Exporters Sustaining Spain’s Economy (Jul 2013)

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Source: Bloomberg – Rajoy Punishes Exporters Sustaining Spain’s Economy: Euro Credit

Notable excerpts:

Aliberico SL survived Spain’s economic crisis by expanding sales of aluminum panels in the U.S., Brazil and Morocco. Prime Minister Mariano Rajoy’s plan to raise corporate taxes may undermine the company’s efforts.

“The fiscal pressure is intense,” Clemente Gonzalez Soler, chief executive officer and founder of the Madrid-based manufacturer, said in a telephone interview. “The changes mean a loss of competitiveness for Spanish companies just at the moment when we need to export more.

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Fed Minutes Suggest No Immediate End To QE Stimulus (Jul 2013)

bernanke_01

Source: BBC News – Fed minutes suggest no immediate end to QE stimulus

Notable excerpts:

Minutes of the Federal Reserve’s last policy meeting say officials want more evidence of a jobs market recovery before winding up stimulus measures.

The minutes show that “about half” of the Fed’s board felt the $85bn-a-month stimulus programme could be phased out by the end of 2013.

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