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Who has benefitted from the Fed's easing policy?
China, Japan and the eurozone are all easing policy.
China cut its reserve ratio for the banks, a sign that it was now easing policy.
"This is the dilemma the Fed has always faced after easing policy during a recession.
Another favoured easing policy by increasing the size of the bank's asset-purchase programme.
With 11m couples suddenly eligible to have second children, some caution over easing policy may be understandable.
When inflation was above target, it was easing policy; now it is below target, it is doing nothing.
Five years ago the Bank of Japan launched a monetary experiment its so-called "quantitative easing" policy, which basically means printing lots of money.
THERE seems to be some consensus that by the end of the year the Federal Reserve will have begun easing policy once again.
Historically, monetary authorities had to be careful when easing policy because keeping rates too low for too long would cause inflation.
At their last meeting, on Nov. 1-2, some Fed policy makers said the central bank should consider easing policy further, according to minutes of the meeting.
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