The Fed Is Headed in the Same Direction as the ECB
A machine counts a stack of U.S. 100 dollar banknotes. (Photographer: Paul Yeung/Bloomberg)

The Fed Is Headed in the Same Direction as the ECB

(Bloomberg Opinion) -- The U.S. Federal Reserve has started buying corporate bonds in the secondary market, but it isn’t the first of its peers to do so. The European Central Bank has been buying ...
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