Helping consumers in a crisis via Quantitative Easing
Thursday, June 25, 2020 - 12:50
in Mathematics & Economics
A new study shows that the central bank tool known as quantitative easing helped consumers substantially during the last big economic downturn — a finding with clear relevance for today’s pandemic-hit economy. More specifically, the study finds that one particular form of quantitative easing — in which the U.S. Federal Reserve purchased massive amounts of […]