In some quarters (A) qualitative easing is still a tainted term, associated (B) both with mercantilism, as a weapon in a currency war, or (C) monetary adventurism. But the stigma is fading. Indeed some central banks now say they are doing QE even when (D) they don't. The Bank of Korea, for example, (E) has resolved to buy unlimited amounts of bonds from financial institutions that promise to (F) repurchase them after three months. These “repo” operations amount to (G) collateralised loans, not outright purchases. Few economists would describe them as QE. But far from (H) resist the term, the Bank of Korea has embraced it (“It wouldn't be wrong to say we began QE,” noted one official). (I) Ever in the field of central banking have so many worried so little about buying so much.
暂未登录
学员用户尊享特权
老师批改作业做题助教答疑 学员专用题库高频考点梳理
相关产品
热门题库
您希望我们通过哪种方式与您联系?
您已选择电话/微信/QQ的联系方式,课程顾问会尽快联系您!
您已选择微信联系方式,课程顾问会尽快添加您的微信,请您确认通过!
您已选择QQ联系方式,课程顾问会尽快添加您的QQ,请您确认通过!
您已选择电话联系方式,课程顾问会尽快联系您!
您已选择“不联系”,课程顾问不会主动联系您。如果后续您有需求,可以在个人中心主动添加销售微信或拨打客服电话:400-111-9811