0 the act of a country's central bank increasing the amount of money in the economy at a time when interest rates are very low as a way of increasing economic growth
1 the act by a country's central bank of increasing the money supply (= amount of money in the economy) at a time when interest rates are very low, as a way of increasing economic growth:
Baker opposes quantitative easing, saying that it creates a worse crisis as an inevitable consequence.
We must wean ourselves off fiscal stimuli and quantitative easing, and these should not be the accepted norm.
That cannot happen again, particularly in issues such as quantitative easing.
The same week, it announced that it would begin a policy of quantitative easing, printing up to 150 billion of new money.
Quantitative easing is usually used when lowering the discount rate is no longer effective because interest rates are already close to or at zero.
This would partially or completely replace other bank's use of interest rates, quantitative easing, etc., to intervene in the economy.
However, some economistssuch as market monetaristsbelieve that unconventional monetary policy such as quantitative easing can be effective at the zero lower bound.
This specific quantitative easing represented a fifty percent increase in the size of the central bank's balance sheet.
