Quantitative easing (QE) is a non-traditional monetary policy tool used by central banks, particularly when interest rates are already low and cannot be reduced further. It was popularized during the ...

Discover how QE2 aimed to revive the U.S. economy post-2008 crisis through $600 billion in asset purchases and its lasting ...

December 2025 marks the official end of the largest cycle of quantitative tightening the Federal Reserve has ever undertaken. From a peak of $8.93 trillion in June 2022, the Fed has allowed $2.4 ...

About the authors: Viral V. Acharya is C.V. Starr professor of economics in the Department of Finance at New York University Stern School of Business and former deputy governor at the Reserve Bank of ...

Quantitative easing is when a central bank purchases assets, usually long-dated securities, in the open market to increase money supply and stimulate the economy. By lowering the FFR, the Fed can ...

The Federal Reserve has been using quantitative easing and quantitative tightening to conduct monetary policy. The approach has been effective in achieving the Federal Reserve's goals. The strong ...

Quantitative easing (QE) has been criticized for helping fuel the post-COVID inflation boom and causing large central bank losses. In this paper, we argue that QE should be evaluated mainly on its ...