The Effectiveness of QE2

Bullard, James
July 2011
Regional Economist;Jul2011, Vol. 19 Issue 3, p3
Trade Publication
The author explains the impact and implications of a second quantitative easing done last November 2010. Quantitative easing (QE) refers to large-scale asset purchases, such as agency debts and long term Treasury securities, to stabilize financial conditions. The QE2 began last November 2010 through the first half of 2011 for a total of 600 billion U.S. dollars. An analysis of why the QE2 is considered successful is given.


Related Articles

  • More of America's National Debt Being Bought by Foreign Governments.  // New American (08856540);1/21/2013, Vol. 29 Issue 2, p6 

    The article reports on the increased acquisition of the U.S. government debt by foreign governments in 2012 which include China, Japan, and Brazil.

  • INTRODUCTION: Bureau of the Fiscal Service Operations.  // Treasury Bulletin;Mar2015, p31 

    An introduction is presented in which the author discusses the operations of the Bureau of the Fiscal Service in the U.S.

  • Treasury Strips Rise $533M in Dec. Siegel, Gary // Bondbuyer.com;1/7/2016, p1 

    Newly issued Treasury securities held in stripped form increased about $533 million in December to a total of $215.724 billion, the Bureau of the Public Debt reported Thursday.

  • Fiscal debt drama has chill for markets. Pantages, Jeff // Pensions & Investments;2/4/2013, Vol. 41 Issue 3, p12 

    The author offers opinions on the U.S. fiscal and monetary policy, arguing that both severe reductions in public spending and increases in Federal reserve interest rates are needed to deal with public debts.

  • Monetary Policy: The Evolving State of the Fed's Security Holdings. Carlson, John; Bednar, Bill; Lindner, John // Economic Trends (07482922);Aug2012, p16 

    The article focuses on the changes and evolution of the security holdings on the U.S. government. The authors mention that the decline in the balance of Treasury bills in the country have resulted to the changes in the composition of the government's portfolio. They state that the financial...

  • When and How To Exit Quantitative Easing? Yi Wen // Review (00149187);2014 3rd Quarter, Vol. 96 Issue 3, p243 

    The essence of quantitative easing (QE) is reducing the cost of private borrowing through large-scale purchases of privately issued debt instead of public debt (Bernanke, 2009). Considering the economy has drastically recovered, it is time to consider how exiting from these private asset...

  • Munis Unchanged Even as Activity Picks Up. Scarchilli, Michael // Bond Buyer;6/3/2010, Vol. 372 Issue 33327, p2 

    The article reports that the municipal market was unchanged to slightly firmer as trading activity has picked up a bit after a sleepy start in the U.S. It states that the benchmarker 10-year Treasury note was at 3.34% after opening at 3.26%. It notes that the Treasury bond was qouted near the...

  • Most Sectors Post Late Gains After Dismal Start. Watts, Jim // Bond Buyer;2/8/2010, Vol. 371 Issue 33262, p9A 

    The article reports on the increase in sales of general purpose debt in the U.S. in 2009. It states that the sales of general purpose debt increased by over 215% in the fourth quarter while debt issued by state and local governments increased by about 140%. It notes that debt issued for health...

  • Contents.  // Treasury Bulletin;Jun2014, pIII 

    A table of contents for the June 2014 issue is presented.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics