What is quantitative easing?
Dec 22nd, 2008 | By Mika | Category: Point Of ViewThe Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession. Federal Reserve are embarking on “Quantitative Easing” policy. Under quantitative easing, central banks flood the banking system with masses of money to promote lending. [...]
