Ch. 18 terms Flashcards
1
Q
Quantitative easing
A
Injecting money into the economy to increase balance sheet.
2
Q
Credit easing
A
Changes the composition of the balance sheet
3
Q
Unconventional policy tools:
A
- –Overnight reverse repurchase —> Lowers MB
- —Term Deposit Facility: CD offered by fed to lock up funds and lower MB.