About this document
Understanding Quantitative Easing by spasenos is a document available to read on EtoBox.
Central banks use quantitative easing (QE) when interest rate cuts are ineffective at stimulating the economy. With QE, central banks purchase government bonds and other debt to directly increase the money supply and lower long-term interest rates. The Federal Reserve undertook large-scale QE programs after the 2008 financial crisis, doubling its balance sheet to over $2 trillion through bond purchases and lending programs. While QE helped prevent depression, critics warn it may sow the seeds of future infl
- Author
- spasenos
- Language
- EN