“What the end of Quantitative Easing will and won’t mean,” the opening segment of American Public Media’s Oct. 28 Marketplace broadcast, began with Ann Owen, the Henry Platt Bristol Professor of Economics, defining quantitative easing (QE). She went on to explain that while ending QE may sound like a giant leap, it's actually a relatively small step because the Federal Reserve now has a balance sheet worth over $4 trillion. Her remarks were followed by those of a Rutgers professor and the chief U.S. economist with RBS.
