QE Works. It’s Just Not a Slam-Dunk Recession Stopper.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

QE Works. It’s Just Not a Slam-Dunk Recession Stopper.

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(Bloomberg Opinion) -- The U.S. economy seems to have reached a comfortable equilibrium, with low unemployment and steady growth. But if and when a recession comes, the Federal Reserve is going to ...
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