In the 1990s and early 21st century Japan was struggling with deflation and used a policy establishing a zero interest rate and injecting reserves into the banking system at a rapid pace, which is referred to as

Question

Quizplus · Accepted Answer

Quantitative easing is the correct term for the policy used by Japan in the 1990s and early 21st century, involving setting interest rates at or near zero and rapidly increasing the money supply by injecting reserves into the banking system.

In the 1990s and Early 21st Century Japan Was Struggling