单词 | credit easing |
释义 | credit easingDefinition A monetary policy pursued by a central bank that involves purchase of debt securities in order to inject liquidity into the banking system and increase lending as a way to stimulate the economy. The debt securities, which may consist of mortgage-backed securities, corporate bonds, or other private sector debt instruments, are added to the federal governments balance sheet as a credit, and the money used to purchase them are added as a debit. |
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