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Most central banks implement quantitative easing through asset purchases. Sweden took a different path.
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Politicians, market participants, and economists have argued about whether the increased trading induced by the growth of index funds over the past decade is a cause of high commodity prices.
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Assessing the state of the economy requires estimates of trends in employment and the labor force. Large monthly fluctuations make it difficult to infer these from monthly data.
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Greater transparency is a means to better synchronize the public with policymakers and minimize the risks of undesirable economic outcomes.
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Some analysts, noting Japan's continued slow deflation, assert that Japan is trapped in a slow-growth, deflationary equilibrium. Former Governor Shirakawa argued that Japan had "gotten out"—at least when judged by the growth of real GDP.>
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The Nordic bank resolution is widely regarded as among the most successful in history. ; Also issued as Monetary Trends, April 2009
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Paying interest on reserves should allow us to better control the federal funds rate.
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