A Quantitative Assessment

The QE2 program ends today after eight months and $600 billion in treasury bond purchases. Following the program, mortgage rates remain at all-time lows, corporate borrowing rates have decreased, and U.S. stock markets have reacted positively. Based on these measurements the program was successful, however U.S. fiscal debt debates and debt worries in Europe may interfere with the program’s long-term success.

Wall Street Journal, June 30, 2011
A Quantitative Assessment of QE2