Economic Views

Where next for QE?

This infographic explores whether quantitative easing has achieved its intended goals and what next once the QE party is over?


Keith Wade

Keith Wade

Chief Economist & Strategist

What has happened to all that QE?

The Federal Reserve introduced a quantitative easing (QE) programme in 2008 to help prevent the collapse of the global financial system in the wake of the credit crisis.

The Bank of England followed shortly after.

Since then the European Central Bank, Bank of Japan and People's Bank of China have also adopted some form of stimulus to help boost economic growth.

But has QE done its job? Where has all that extra money gone? And what is the likely impact on investments?

As some central banks look to "normalise" monetary policy the global economy faces a leap into the unknown.

The views and opinions contained herein are those of Schroders’ investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.’s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.