The Varying Effects of Quantitative Easing on Both the United States and the World

Student: Declan Lynch*
Mentor: Lucjan Orlowski
Major: Finance 

Once the global financial recession hit in late 2008, the U.S. Federal Reserve Bank knew it had to do something to try and help the economy recover and assist both big financial lenders and individual citizens. The Fed did this by introducing three phases of Quantitative Easing, which is the introduction of new money into the money supply by a central bank. These three phases, while similar in implementation, had different effects on both the U.S. and the world, as well as having varying amounts of success

*Honors Senior