Thursday, 22 January 2015

QE? Again? But what is it?

Quantitative Easing - what is it?

Maybe we need to remind ourselves, because the European Central Bank is expected to do it today.

The idea would be to pump more money into the stagnant eurozone economy, to encourage spending, investment and growth.

But how is it done?

Here's my explanation from a while ago when the Bank of England tried it.

And here's the Bank's explanation.

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