Quantitative easing (QE) is a relatively new form of monetary policy whereby a central bank buys up government bonds and other financial assets to stimulate economic activity. It came to prominence in the aftermath of the Global Financial Crisis of 2007-11 when standard monetary policy tools were unavailable to central banks due to low inflation levels. Quantitative tightening (QT) is the opposite whereby central banks sell off bonds and assets to reduce the size of their balance sheets. Quantitative Easing and Tightening brings together leading academics and practitioners to assess the legacy of quantitative easing and look at where new quantitative tightening measures may take us. It examines three of the most important actors in the QE/QT story: the Bank of England, the European Central Bank and the US Federal Reserve to provide an overview of the effectiveness, governance, and fiscal costs of quantitative easing and tightening.
Loading metrics...
* Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.
Usage data cannot currently be displayed.
This section outlines the accessibility features of this content - including support for screen readers, full keyboard navigation and high-contrast display options. This may not be relevant for you.
The PDF of this book complies with version 2.1 of the Web Content Accessibility Guidelines (WCAG), covering newer accessibility requirements and improved user experiences and achieves the intermediate (AA) level of WCAG compliance, covering a wider range of accessibility requirements.
Allows you to navigate directly to chapters, sections, or non‐text items through a linked table of contents, reducing the need for extensive scrolling.
Provides an interactive index, letting you go straight to where a term or subject appears in the text without manual searching.
You will encounter all content (including footnotes, captions, etc.) in a clear, sequential flow, making it easier to follow with assistive tools like screen readers.
You get concise descriptions (for images, charts, or media clips), ensuring you do not miss crucial information when visual or audio elements are not accessible.
You get more than just short alt text: you have comprehensive text equivalents, transcripts, captions, or audio descriptions for substantial non‐text content, which is especially helpful for complex visuals or multimedia.
You will still understand key ideas or prompts without relying solely on colour, which is especially helpful if you have colour vision deficiencies.
You gain clarity from ARIA (Accessible Rich Internet Applications) roles and attributes, as they help assistive technologies interpret how each part of the content functions.