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Glossary

Quantitative easing (QE)

Large-scale bond purchases by a central bank, paid with newly created reserves, to push down long-term interest rates.

Data series The Federal Reserve's total assets from 2007 to 2025, with periods of quantitative easing and tightening shaded. FED TOTAL ASSETS, $ TRILLION QE QT QE QT 0 2 4 6 8 10 2007 2010 2013 2016 2019 2022 2025
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