Work cat: Trefgarne, G. Quantitative easing, 2009.

Krishnamurthy, A. The effects of quantitative easing on interest rates channels and implications for policy, 2011.

Law, J. A Dictionary of Finance and Banking, 2008: (Quantitative easing (QE; queasing. A form of monetary policy that is sometimes used to stimulate the economy when interest rates have already been reduced close to zero; it is regarded as a policy of last resort when there is a serious risk of deflation. Essentially, the central bank creates new money electronically by expanding its balance sheet and uses this to buy government bonds from financial institutions.)

Wikipedia, Dec. 12, 2012 (Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective. A central bank implements quantitative easing by buying financial assets from commercial banks and other private institutions with newly created money in order to inject a pre-determined quantity of money into the economy.)