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Quantitative easing (QE) is a monetary policy action where a central bank purchases predetermined amounts of government bonds or other financial assets in order to stimulate economic activity. [1] Quantitative easing is a novel form of monetary policy that came into wide application after the 2007–2008 financial crisis.
Richard Andreas Werner (born 5 January 1967) is a German banking and development economist who is a university professor at University of Winchester.. He has proposed the "Quantity Theory of Credit", or "Quantity Theory of Disaggregated Credit", which disaggregates credit creation that are used for the real economy (GDP transactions), on the one hand, and financial transactions, on the other ...
This new round of quantitative easing provided for an open-ended commitment to purchase $40 billion agency mortgage-backed securities per month until the labor market improves "substantially". Some economists believe that Scott Sumner 's blog [ 11 ] on nominal income targeting played a role in popularizing the "wonky, once-eccentric policy" of ...
The central bank released details for the secondary market purchase of federal government securities on Tuesday, as part of a series of liquidity measures that include the country’s first-ever ...
The term "Greenspan put" is a play on the term put option, which is a financial instrument that creates a contractual obligation giving its holder the right to sell an asset at a particular price to a counterparty, regardless of the prevailing market price of the asset, thus providing a measure of insurance to the holder of the put against falls in the price of the asset.
By the end of trading on Wednesday, the Dow Jones Industrial Average (INDEX: ^DJI) had recorded its largest gain of the year, closing out the day 286 points, or 2.4%, higher. Although this may ...
The Fed began a program of quantitative easing by buying treasury bonds and other assets, such as MBS, and the February 2009 American Recovery and Reinvestment Act, signed by newly elected President Barack Obama, included a range of measures intended to preserve existing jobs and create new ones. Combined, the initiatives, coupled with actions ...
Yield curve control (YCC) is a monetary policy action whereby a central bank purchases variable amounts of government bonds or other financial assets in order to target interest rates at a certain level. [2]