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Last updated: November 3, 2010 6:49 pm

Quantitative easing explained

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This interactive graphic explores what quantitative easing is and why a second round of QE is underway in the US. It also gauges the effects of the previous round of quantitative easing in the US, UK and Japan.

Listen to US economics editor Robin Harding’s explanation of why the US has embarked on a second round of quantitative easing, see how the central banks’ balance sheets changed, and hear economics editor Chris Giles’ background briefing on the theory behind the policy.

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