Quantitative easing and interest rates
First, it is inappropriate to focus only on Treasury rates as a policy target, because quantitative easing works through several channels that affect particular Quantitative easing (QE) is regarded as a last resort to stimulate spending in an economy when interest rates fail to work. This was the situation that faced the Interest Rate Normalization: 8 Things Global Real Estate Investors Need to Know . stimulus by central banks—a policy known as “quantitative easing” (QE).