[{"data":1,"prerenderedAt":58},["ShallowReactive",2],{"term:quantitative-easing":3},{"term":4,"related":45},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":38,"stem":39,"takeaways":40,"__hash__":44},"terms\u002Fterms\u002Fquantitative-easing.md","Quantitative Easing (QE)",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-quantitative-easing","Understanding Quantitative Easing",[16,17,18],"p",{},"When short-term interest rates are already near zero, a central bank can still ease policy by buying government bonds and other securities in large amounts. This pushes up bond prices, lowers long-term yields, and adds reserves to the banking system.",[16,20,21],{},"The Federal Reserve used QE after the 2008 financial crisis and again in 2020. Shrinking those holdings later is called quantitative tightening (QT).",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"economy","Large-scale bond purchases by a central bank to lower long-term interest rates.","md",[],{},true,"\u002Fterms\u002Fquantitative-easing",[35,36,37],"monetary-policy","bond","yield",{"title":6,"description":28},"terms\u002Fquantitative-easing",[41,42,43],"QE is central bank buying of bonds on a large scale.","It aims to lower long-term interest rates when short-term rates are near zero.","Reversing it is called quantitative tightening.","WcOMxZGKlKibi1XWRwgloKGeMEPZr2MrBEhIVzoSru0",[46,50,54],{"title":47,"description":48,"path":49},"Bond","A loan an investor makes to a government or company in exchange for interest payments.","\u002Fterms\u002Fbond",{"title":51,"description":52,"path":53},"Monetary Policy","How a central bank manages interest rates and the money supply to steer the economy.","\u002Fterms\u002Fmonetary-policy",{"title":55,"description":56,"path":57},"Yield","The income an investment produces, as a percentage of its price.","\u002Fterms\u002Fyield",1793374005749]