Primer on Quantitative Easing
Wednesday, 03. 4. 2009 – Category: Downturn
JONATHAN ASHWORTH, ECONOMIST, BARCLAYS
As interest rates headed towards zero after the collapse of investment bank Lehman brothers in September 2008, the
US Federal Reserve (fed) began to engage aggressively in what is commonly referred to as ‘quantitative easing’ (QE).
Moreover, as the global slowdown and ‘credit crunch’ have intensified, the bank of Japan (BOJ) has resumed QE [...]
