A Study on the Impact of the Fed's Quantitative Easing Policy on the RMB Exchange Rate

Yulin Huang

doi:10.62051/ijgem.v3n3.02

Authors

Yulin Huang

DOI:

https://doi.org/10.62051/ijgem.v3n3.02

Keywords:

Federal Reserve, Quantitative easing (QE), RMB exchange rate, Purchasing power parity (PPP), Capital flows

Abstract

In the context of global economic integration, the United States, as a major world economic power, the adjustment and change of its monetary policy is of great significance to the fluctuation of the RMB exchange rate. By studying the characteristics of the Fed's QE (quantitative easing) monetary policy, this paper analyses its impact on international capital flows and trade markets, and describes how these impacts are transmitted to China's currency market, causing fluctuations in the RMB exchange rate.

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