The plans are one way to ease monetary policy even when interest rates are close to zero .

购买国债计划是在利率接近于零的情况下，继续放松银根的一种方式。

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Economies where inflation and credit growth are already high and budget deficits large, such as India, have less room to ease monetary or fiscal policy if the economy weakens.

那些例如印度这样的通胀和赤字增长高企，财政赤字又大的经济体，一但经济走弱缓冲货币或财政政策的空间较小。

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ECB's target range mean that it is not ready to ease monetary policy just yet.

ECONOMIST: Europe's economies

Previously, the central bank had been unable to ease monetary policy due to inflation.

FORBES: FOCUS: Indian Rupee Recovering So Far In 2013; Gold Market Keeping Tabs

"It does, however, potentially give the Monetary Policy Committee more flexibility to ease monetary policy further, " he added.

BBC: Budget 2013: Bank of England gets new orders