The full form of QE 4 is Quantitative Easing 4. Quantitative Easing 4 started in January 2013 and it ended in October 2014. It was the fourth round of Quantitative Easing implemented by the US Federal Reserve. The first Quantitative Easing of the US Federal Reserve was started in 1961 and it ended in 1965. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.
Quantitative Easing (Q.E.) is also known as Operation Twist.
Further readings:
- Monetary Policy – Objectives, Roles and Instruments
- Open Market Operation (OMO) – Two Kinds, REPO and PEMO
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