The central bank signaled in March that seven years of deflation had ended when it eased measures that for five years had kept financial markets awash in cash.
The Swiss franc was at its lowest since early September following the statement from the Swiss National Bank, which said it stood ready to take more monetary easing measures if needed, adding that the currency was still too high and that it would enforce the 1.20 franc per euro limit with "utmost determination".
The Bank of Japan's governor, Masaaki Shirakawa, said that the easing measures would stay in place until Japan achieved an inflation level of at least 1 percent.
While no one is expecting an outright default as long as global interest rates remain low — largely due to aggressive government bond purchases by central banks — concerns have been building for months that once these easing measures end, interest rates will spike and investors will become less willing to trust the word of heavily indebted governments.
The minutes of the most recent Fed meeting did not suggest that policymakers in the US were about to embark on more extensive easing measures, with only 'a few' committee members in favour of further easing.
These easing measures are subtle.
The real test of the Danish economy may not be whether it avoids recession, but its determination to recover from such a crisis (if things get nasty, predicts Professor Andersen, some politicians will want to ease tough measures that push Danes back into work).In other words, when all other things are equal, the fit should fare better than the frail.
New law eases draconian measures that brought bioprospecting to a standstill.
It was elected on a promise to end the bailout and ease the austerity measures that have accompanied it.
would lead to job creation and final-demand-spurring behavior". Kevin Warsh, a Fed governor who is a close ally of Bernanke but who has been more skeptical than the chairman of the new easing measures, stressed that while there are risks in the new Fed action, the central bank will move to contain them if problems emerge.
