Meet the Fed's New BFF

First published at 22:05 UTC on November 24th, 2021.

The Fed’s vast expansion of its balance sheet via quantitative easing (QE) since early 2020 differs materially from all its previous QE moves dating back to the global financial crisis (GFC): whereas the GFC version of QE was pretty much limited to …

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CategoryEducation
SensitivityNormal - Content that is suitable for ages 16 and over