The after affects of the GFC or Great Recession are far from over, the developed world still has a hard road to travel. Quite likely there is still plenty on QE to come and so upping the POG.
e.g. Over the past few years, the Federal Reserve has moved from simple interest rate manipulation to wholesale market interference with the goal of maintaining bank solvency and equity prices.
How Fed Policy Has Devastated Three Generations of Retirees.
Retirement can be an unpleasant prospect if you’re not ready for it. John Mauldin | Sep 03, 2013 https://mail.google.com/mail/u/0/?tab=wm#inbox/140e72d93d2021f3