Quantitative Easing for Dummies
December 17, 2008 at 06:34 AM EST
[Skip to the end] FACTBOX: What is quantitative easing? Tue Dec 16, 2008 3:30pm EST NEW YORK (Reuters) - The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession. “The message is they’re instituting quantitative [...]
