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This has been matched by aggressive action by the Bank of Japan to drive down borrowing costs to business and households with extra quantitative easing.
But she urged policymakers in Japan and the eurozone to boost their economies with an expansion of lending banks and businesses via extra quantitative easing.
However, with a US rate rise looming into view again, even another comment from the bank's boss Mario Draghi that he plans to go ahead with extra quantitative easing, possibly early next year, could not offset fears that global growth remains fragile and easily upset by higher borrowing costs in the US.
3 Meta-analysis in particular requires some extra quantitative skills in synthesizing data with sophisticated statistical methods.
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Fiscal gridlock means extra reliance on quantitative easing to boost the economy.
Grim news from the services sector is expected to help Sir Mervyn King win over waverers on the Bank of England's monetary policy committee on Thursday and clinch the vote for an extra £50bn of quantitative easing.
Most thought it would certainly miss its target, but its extra dose of quantitative easing announced in October 2014 gave more hope of reaching inflation of 2%.
A cut in the base rate to 0.25%, an extra £60bn of quantitative easing and £100bn of cheap loans for banks to offset the squeeze from low interest rates was heavily trailed by the Bank's governor Mark Carney, albeit in the vaguest terms, giving a measure of comfort that a repeat of 2008 could be avoided.
The IoD wants the Bank of England to spend an initial extra £50bn on quantitative easing (QE).
Conventional holography suffers from drawbacks such as the need for photographic development of holograms and extra facilities for quantitative 3D analysis.
Indeed, there is more chance that the European Central Bank and the Bank of Japan will provide extra stimulus through their quantitative easing programmes than there is of the Fed or the Old Lady raising rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com