What Is Quantitative Easing, and How Has It Been Used?
https://www.stlouisfed.org:443/on-the-economy/2017/november/quantitative-easing-how-used
WEBNov 27, 2017 · What Is QE? “QE consists of large-scale asset purchases by central banks, usually of long-maturity government debt but also of private assets, such as corporate debt or asset-backed securities,” Williamson explained. “Typically, QE occurs in unconventional circumstances, when short-term nominal interest rates are very low, zero …
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