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Quantitative easing typically involves purchases of longer-term assets.
In its strictest sense, quantitative easing involves purchases of government debt to expand the amount of money in circulation.
In its strictest sense, this policy involves purchases of government debt to expand the amount of money in circulation, but is often referred to as "printing money".
The case involves purchases of call options, which represent the right to buy shares at a specific price within a given time, and sales of put options, the agency said.
And because some of the rebalancing involves purchases of foreign assets, they weaken the domestic currency and can reduce borrowing costs and raise equity prices abroad.As rich-world central banks amped up their QE programmes, many emerging markets voiced their frustration.
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To reboot the euro-zone economy, a hefty programme of QE involving purchases of sovereign debt the only market big enough to allow buying on an adequate scale will be needed.
That upward revision, said Mr Draghi, also reflected the impact of the ECB's recent monetary-policy decision.Now that the ECB has finally crossed the Rubicon and decided upon a big programme of QE involving purchases of sovereign bonds it is clearly in its interest to talk up the bang it will get for all the euros it will create to buy them.
The ECB has signalled that it is about to embark later this month on its most symbolically important initiative to cut borrowing costs, the kind of quantitative easing that would involve purchases of government bonds.
"The game could involve purchase of a lottery, participation in a guessing game, or participation in a knowledge-based game," Mr. Stevens added.
And the only terms that might be heard in a vintage sitcom are "pickup" (a yield gain from swapping bonds), Footsie (Financial Times-Stock Exchange 100 Share Index) and "crush" (commodity futures trade involving purchase of soybeans and sale of soybean meal or oil).
None of the 17 comparisons involved purchasing of the food selected for consumption (that is, all measured unregulated selection without purchase).
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