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The Federal Reserve Bank initiated Quantitative Easing during the financial crises of 2007 to reduce the supply of reserves by purchasing treasury securities and home
The Federal Reserve Bank initiated Quantitative Easing during the financial crises of 2007
| to reduce the supply of reserves |
| by purchasing treasury securities and home mortgages |
| in order to raise the federal funds rate |
| by lowering the discount rate |
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Multinational Business Finance
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
15th Global Edition
129227008X, 9781292270081
