The Fed and ECB Confront a New Normal That Looks a Lot Like Japan's
A Federal Reserve police officer walks past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

The Fed and ECB Confront a New Normal That Looks a Lot Like Japan's

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(Bloomberg) -- Central bankers in the U.S. and Europe are reconciling themselves to a new normal of historically low interest rates and bloated balance sheets -- one that Japan has long since gotte...
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