Quantitative Easing 2 – QE2
What Was Quantitative Easing 2 (QE2) QE2 refers to the second round of the Federal Reserve’s quantitative easing program that sought to stimulate the U.S. economy following the 2008 financial crisis and Great Recession. Announced in November 2010, QE2 consisted of an additional $600 billion in purchases of U.S. Treasuries and the reinvestment of proceeds from prior mortgage-backed security