Read more quantitative easing stories on Newserhttp://www.newser.com/taggrid/38758/quantitative-easing.html2010 - Newseren-usNewser Feed Generator2010-03-11T11:42:19http://www.newser.com/story/52482/uk-drops-rates-to-05-begins-printing-money.htmlThe Bank of England cut interest rates today by 50 basis points to an all-time low of 0.5% and began a far more drastic process: quantitative easing, or "printing money." The Times of London reports that the Bank received permission from the government this morning to spend $106 billion...http://www.newser.com/story/52482/uk-drops-rates-to-05-begins-printing-money.html2009-03-05T12:18:00