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English definition of “quantitative easing”

quantitative easing

noun [U]     (abbreviation QE) FINANCE, ECONOMICS, BANKING
the act by a country's central bank of increasing the money supply (= amount of money in the economy) at a time when interest rates are very low, as a way of increasing economic growth: The Bank of England embarked upon a programme of printing money or quantitative easing, during March 2009.
(Definition of quantitative easing noun from the Cambridge Business English Dictionary © Cambridge University Press)
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