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Real Time Economics : Bernanke: You Say 'Quantitative Easing,' I Say 'Credit Easing'

SCSUScholars found this 1/14/2009 on blogs.wsj.com

Federal Reserve Chairman Ben Bernanke , in remarks delivered in London today , said the Fed isn’t pursuing the quantitative easing approach to monetary policy that the Bank of Japan pursued from 2001 to 2006. That’s expanding the liability side of the central bank’s balance sheet, pumping more ...