Business
The RBA has begun ‘quantitative easing’. What is it, and how does it work? – ABC News
The Reserve Bank of Australia has announced a $100 billion “quantitative easing” program. So what is it? How does it work? Why is it necessary?
The Reserve Bank has announced a $100 billion “quantitative easing” program.
What does that mean, and why did they do it?
Quantitative easing
“Quantitative easing” is one of those economic terms that is too abstract, so it’s difficult to know what it means.
But essentially, it’s all about manipulating interest rates.
Historically, quantitative easing is considered unconventional policy, but these days it’s becoming more conventional because a growing number of central banks have exhausted their…
-
Noosa News22 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General23 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General16 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’
-
General19 hours agoReason v magical climate thinking – voters have no choice