To translate or not to translate? That is the question.
The word “tapering” in finance is increasingly being used to refer to the reduction of the Federal Reserve’s Quantitative Easing, or bond buying program. These days, the European Central Bank moved a step closer to Quantitative Easing in the Euro Area.
The term was used for the first time by the former Federal Reserve Chairman Ben Bernanke stating before the US Congress that the Fed may taper – or reduce – the size of the bond buying program known as Quantitative Easing. QE is an unconventional monetary policy to increase the money supply by buying government securities or other securities from the market. Continua la lettura di Tapering and Quantitative Easing. To Translate or not to Translate?