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However, the seven-fold increase notwithstanding, vapeeinkaufen present account balances (basically central financial institution reserves) being only one (often relatively small) part of the legal responsibility side of a central financial institution's balance sheet (the main one being banknotes), vapeeinkaufen the resulting peak increase in the BOJ's steadiness sheet was modest, compared to later actions by other central banks. The SNB's steadiness sheet has increased massively on account of its QE programme, to the extent that in December 2020, the US treasury accused Switzerland ecigarettespascher of being a "currency manipulator".
To keep up that level, the Fed bought $30 billion in two- to ten-yr Treasury notes every month. Sveriges Riksbank launched quantitative easing in February 2015, announcing authorities bond purchases of almost US$1.2 billion. Retrospectively, the round of quantitative easing previous QE2 was called "QE1". The expression "QE2" grew to become a ubiquitous nickname in 2010, used to consult with this second spherical of quantitative easing by US central banks.
Along with purchases of bonds, Governor Masaaki Shirakawa also directed the BOJ to begin purchasing company shares in addition to debt securities in October 2010. The BOJ came up with a coverage to buy index ETFs as part of the 2010 Comprehensive Monetary Easing program, which initially positioned a cap of ¥450 billion shares with a termination in December 2011.