You searched for: Content Type Working Paper Remove constraint Content Type: Working Paper Publishing Institution Centre for European Policy Studies Remove constraint Publishing Institution: Centre for European Policy Studies Political Geography America Remove constraint Political Geography: America Publication Year within 3 Years Remove constraint Publication Year: within 3 Years
- Author: Daniel Gros
- Publication Date: 06-2017
- Content Type: Working Paper
- Institution: Centre for European Policy Studies
- Abstract: Exiting from unconventional monetary policies is now a key issue for central banks, and especially for the US Federal Reserve. This paper argues that the Fed already began this exit some time ago, and that the relevant part of its balance sheet has already shrunk by about one-quarter of GDP. Pursuing the current policy of reinvesting would lead to a full exit within ten years.
- Topic: International Affairs, Global Political Economy
- Political Geography: America