Quantitative easingMonetary policy toolQuantitative easing (QE) is a monetary policy action where a central bank purchases predetermined amounts of government bonds, company shares, or other financial assets (liquidity) in order to artificially stimulate economic activity. Quantitative easing is a novel form of monetary policy that began in Japan and came into wide application in the US following the 2008 financial crisis.
Central bank putA central bank put (an abbreviation of the central bank put option) is a financial practice where a central bank sets up an effective floor underneath the prices of certain asset classes, recently by offering to buy these assets from private entities outright and requesting no obligation from sellers to compensate the central bank for possible losses. Central bank put is one of the tools central banks use to calm a financial market when it becomes unstable.
European Central BankSupranational central bank in EuropeEuro monetary policy Euro zone inflation year/year M3 money supply increases Marginal Lending Facility Main Refinancing Operations Deposit Facility Rate EuriborSeat of the European Central BankFrankfurt am Main, the European Central Bank from Alte MainbrückeEuropean Central Bank – Blue hour 2023The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union.
Janet YellenAmerican economist and government official (born 1946)Janet Louise Yellen (born August 13, 1946) is an American economist who served as the 78th United States secretary of the treasury from 2021 to 2025 and as chair of the Federal Reserve from 2014 to 2018. She was the first woman to hold either position, and has also led the White House Council of Economic Advisers.
Federal ReserveCentral banking system of the US Federal Reserve SystemSeal of the Federal Reserve SystemFlag of the Federal Reserve SystemThe Eccles Building in Washington, D.C., which serves as the Federal Reserve System's headquartersCentral bank ofUnited StatesHeadquartersEccles Building, Washington, D.C., U.S.EstablishedDecember 23, 1913 (112 years ago) (1913-12-23)Governing bodyBoard of GovernorsKey people Kevin Warsh(Chair) Philip Jefferson(Vice Chair) Michelle Bowman(Vice Chair for Supervision) CurrencyUnited States dollarUSD (ISO 4217)Reserve requirementsNoneBank rate3.75%Interest rate target3.50–3.75%Interest on reserves3.65%Interest paid on excess reserves?YesWebsitewww.federalreserve.gov Federal ReserveAgency overviewJurisdictionFederal government of the United StatesChild agencyFederal Open Market CommitteeKey documentFederal Reserve Act This article is part of a series onBanking in theUnited States Regulation Monetary policy Banking charters Credit union Federal savings bank Federal savings association National bank State bank Lending Credit card Deposit accounts Checking Money-market Savings Certificate of deposit Account insurance Federal Deposit InsuranceCorporation (FDIC) National Credit Union ShareInsurance Fund (NCUA) Payment and transfer Check clearing Check 21 Act Electronic funds transfer (EFT) ATM card Debit card Wire transfer Substitute check ACH Network Bill payment United States portalvte The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.
Equity (finance)In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business.
Bank of JapanThe Bank of Japan (日本銀行, Nippon Ginkō; BOJ) is the central bank of Japan. The bank is often called Nichigin (日銀) for short. It is headquartered in Nihonbashi, Chūō, Tokyo. The said bank is a corporate entity independent of the Japanese government, and while it is not an administrative organisation of the state, its monetary policy falls within the scope of administration. From a macroeconomic perspective, long-term stability of prices is deemed crucial.
Bond (finance)In finance, a bond is a type of security under which the issuer (debtor) owes the holder (creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor; which usually consists of repaying the principal (the amount borrowed) of the bond at the maturity date, as well as interest (called the coupon) over a specified amount of time.
CommodityYerba mate (left), coffee bean (middle) and tea (right), all used for caffeinated infusions, are commodity cash crops.In economics, a commodity is an economic good, usually a resource, that specifically has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
Real estateReal estate is a property consisting of land and the buildings on it, along with its natural resources such as growing crops, minerals or water, and wild animals; immovable property of this nature is real property or housing in general. In terms of law, real relates to land property and is different from personal property, while estate means the "interest" a person has in that land property.
COVID-19 pandemicPandemic caused by SARS-CoV-2DiseaseCoronavirus disease 2019 (COVID-19)PathogenSevere acute respiratory syndromecoronavirus 2 (SARS‑CoV‑2)SourceBats (indirectly)LocationWorldwideIndex caseWuhan, China30°37′11″N114°15′28″E / 30.61972°N 114.25778°E / 30.61972; 114.257781 December 2019(6 years, 9 months, 2 weeks and 5 days ago)DatesDescribed as a pandemic by the WHO: 11 March 2020 (6 years and 6 months ago) Public health emergency of international concern: 30 January 2020 – 5 May 2023 (3 years, 3 months and 5 days)Confirmed cases779,277,425Suspected casesFar higher (>70% of the world population, by the end of 2022)Deaths7,115,706 (reported)18.5–35.2 million (estimated)Fatality rateAs of 10 March 2023: 1.02%The global COVID-19 pandemic (also known as the coronavirus pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an outbreak in Wuhan, China, in December 2019.
CryptocurrencyDigital asset using a distributed ledgerCryptocurrency is a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.*As an Amazon Associate I earn from qualifying purchases.