Tuesday, 24 February 2009

What is "quantitative easing"?

Feb 24 - Senior Reuters economics correspondent Sumeet Desai explains some terms currently being used to describe the current financial crisis.

Understanding economic news used to be much more straightforward but the global financial crisis has changed all that ...now there is toxic debt, sub-prime mortgages, tier 1 capital and ....quantitative easing by central banks. Our senior UK economics correspondent Sumeet Desai explains what it means and what is behind the headlines about "printing more money".

Link to the full article: Reuters