Assertion: quantitative easing | /r/CapableOf | reject its use
Facets:
value: for monetary policy
type: PURPOSE
Source sentences:
text: The Bank of Japan had for many years, and as late as February 2001, stated that "quantitative easing ... is not effective" and rejected its use for monetary policy.
text: In early 2001 Japan implemented the first instance of quantitative easing although for many years prior to 2001 the BOJ (Bank of Japan) had claimed that quantitative easing was not effective in fighting deflation and therefore had rejected its use.