{"content":"What happen when Federal Reserve announced QE🔥🔥🔥 The Federal Reserve began its first large-scale Quantitative Easing (QE) program, often called QE1, in November 2008 in response to the Global Financial Crisis.🔥🔥🔥 ​🏛️ Key Details on the First QE Program: ​Start Date: November 2008. ​Reason: The Fed had already lowered its benchmark short-term interest rate (the federal funds rate) to near zero, but the economy and financial system were still struggling severely during the Global Financial Crisis and Great Recession.🔥🔥🔥 The Fed began purchasing large quantities of assets, including mortgage-backed securities (MBS), to lower long-term interest rates, increase liquidity in the banking system, and further stimulate the economy.🔥🔥🔥 ​The term "printing money" is a simplified, non-technical way of describing the process, as the Fed does not literally print bills, but rather creates new money digitally (in the form of central bank reserves) to purchase assets.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/02/1eff53377d324103ab23955e61158510.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}