Quantitative Easing: The Difference between QEI, QEII & QEIII

Quantitative easing is here to stay.

In the U.S., we are on the threshold of another, the third, tranche of monetary easing in the face of a reluctant economy that is not up and running as fast as the regulators would like.

Though the economy is improving, unemployment remains at stubbornly high levels. This and other factors prompted the FOMC to express the likelihood of another round of “monetary accommodation” in the minutes of the meeting on July 31, and the remarks bear repetition for their significance:

“Many members...