TY - Report AU - Stephen Kirchner PY - 2019 T1 - Lessons from quantitative easing: a guide for Australian policymakers PB - United States Studies Centre DO - https://doi.org/APO-242181 UR - https://apo.org.au/node/242181 AB - This report argues that quantitative easing (QE) is an operating instrument for policy, rather than a monetary policy as such. As with policy conducted via official interest rates, QE’s effectiveness depends on the policy framework in which it is located, as well as how the policy is communicated and executed. ER -