Quantitative Easing in the USA
Tim Hall
30 years: Debt capital markets
In this video, Tim describes the response of the United States to the Great Recession of 2007-2009. He explains the response of the Federal Reserve and the impact of their monetary stimulus.
In this video, Tim describes the response of the United States to the Great Recession of 2007-2009. He explains the response of the Federal Reserve and the impact of their monetary stimulus.
Quantitative Easing in the USA
10 mins 2 secs
The Federal Reserve unleashed an unprecedented amount of stimulus and reforms, mainly equity injections into nine systemically important “too big to fail” banks, and toxic asset funding at the onset of the financial crisis which restored the US economy to a firm footing, and eventually to growth. This is evident as Nominal GDP in the US increased from $14.6tn in 2009 to $20.8tn in 2018.
Key learning objectives:
How did the Fed initially respond to the financial crisis?
How did the Fed unwind QE?
How successful were the three programmes of QE?
Tim Hall
10:44
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QE and Other Unconventional Monetary Policy Tools
In this series, Tim will cover the recent history of unconventional monetary policy, specifically quantitative easing in four of the world’s major economies: The United States, the United Kingdom, the Eurozone and Japan. In this video, Tim provides an introduction to Quantitative Easing.
Tim Hall • 07:46