Leading Fed Economist Says Much More QE Takes To Offset Zero Limit – Bloomberg

Leading Fed Economist Says Much More QE Takes To Offset Zero Limit – Bloomberg

Cleveland Fed President Loretta Mester Photographer: David Paul Morris / Bloomberg Photographer: David Paul Morris / Bloomberg The damage from the Covid-19 recession will be doubled by the Federal Reserve’s inability to cut interest rates further, unless it employs massive purchases of additional assets, one of the leading said central bank researchers in a new […]

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