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In the recent years, world economy has witnessed the influence of unconventional monetary policy of the…

Following the 2008 global financial crisis, the U.S. Federal Reserve and other major central banks adopted 'Quantitative Easing' (QE)—an unconventional monetary policy tool…

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In the recent years, world economy has witnessed the influence of unconventional monetary policy of the U.S.A. This policy stance is known as

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Following the 2008 global financial crisis, the U.S. Federal Reserve and other major central banks adopted 'Quantitative Easing' (QE)—an unconventional monetary policy tool involving large-scale purchases of long-term government bonds and mortgage-backed securities to inject liquidity when short-term policy interest rates were near zero.

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