What is the European Central Bank (ECB) doing right now with Quantitative Easing (COVID-19) ?

There is one nontraditional monetary tool used by governmental financial institutions (i.e. The Federal Reserve http://www.federalreserve.gov/
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) that is covered in the book and in the notes. It is Quantitative Easing (http://www.investopedia.com/video/play/quantitative-easing/
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) .
(http://www.economist.com/blogs/schumpeter/2012/09/economist-explains
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)
(http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm
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)
Give a detailed explanation of what Quantitative Easing is and how it differs from the other tools covered in the book, be sure to discuss each tool.
What is the Federal Reserve doing right now with Quantitative Easing (COVID-19) ?
What is the European Central Bank (ECB) doing right now with Quantitative Easing (COVID-19) ?
What are the Federal Reserve objectives in conducting Monetary Policy?
What is the Federal Reserve doing right now with Monetary Policy (COVID-19) ?
According to you, is the Federal Reserve successful in achieving those objectives? Please explain why or why not.
Please write an essay response (approximately 1,000 words or more) to the above questions (all of them). Be aware that plagiarism (copying from other papers, Wikipedia, books, article, and any source that is not your own original work) will result in a zero.

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