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It boosted inflation, bank bonuses and borrowers' balance sheets.
Stimulus enacted after the global financial crisis of 2008 led to stronger growth in 2009 and 2010, the report said, but also boosted inflation.
Fed actions immediately and substantially boosted inflation expectations in March of 2009 and in November of 2010 (see the data here).
During the early stages of its monetary-easing programme, which began in April 2013, the weakening of the yen raised the cost of imported energy, which in turn boosted inflation.
But the rapid growth has boosted inflation above 6%.
In that period, falling productivity growth and an economic crisis boosted inflation, which increased to 11.8%.
Similar(51)
The end of a sales-tax holiday for cars will boost inflation, too.
Boosting inflation isn't the right policy, but it may just be the correct one.
A swift hike to much higher tariffs, even if it led to more efficient energy consumption, would boost inflation.
The funds, they said, were spent to boost inflation, reduce unemployment or rescue banks in need of cheap loans.
And while higher import prices would eventually boost inflation, that would not be an immediate problem; the current inflation rate is zero, well below target.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com