The Fed ended QE3 in
A) January 2103.
B) October 2014.
C) February 2016.
D) QE3 had not ended as of January 2017.

Question

Quizplus · Accepted Answer

The Fed ended its quantitative easing program, known as QE3, in October 2014. Option A is incorrect as it is a typographical error, and there was no such year as "2103." Option C is incorrect as the Fed did not conduct any quantitative easing program after QE3, and Option D is incorrect as of January 2017, as the Fed had already ended QE3 in October 2014.

The Fed Ended QE3 in