Analysis of Post-Pandemic Quantitative Easing Policy and Its Impact on the Global Economy

Abstract

Quantitative easing (QE) policy has been central banks' main strategy to deal with the economic impact of the COVID-19 pandemic. This study aims to analyze the impact of post-pandemic QE on inflation, financial stability, and global economic growth. The method used was secondary data analysis from central bank reports, international financial institutions, and academic publications, with a research period between 2018 and 2023. The results showed that QE policies contributed significantly to the increase in inflation, with a positive correlation between the amount of assets purchased by the central bank and the inflation rate. In addition, QE also plays a role in stimulating economic growth, albeit on a more moderate scale. This research contributes for policymakers to formulate appropriate monetary strategies to maintain global economic stability without triggering a surge in inflation.