qualitative easing

Publication date: 31 Mar 2017 | Publication type: Policy Paper | Theme: Macroeconomics | Authors: Farmer, R | Report number: 2
UK monetary policy, following the 2008 recession, was effective at preventing the crisis from having a bigger effect than it otherwise might have done. As a result of experimenting with quantitative easing (an expansion in the Bank’s balance sheet) and qualitative easing (a change in the risk...