G-7 Central Bank Bond Buying Topped $1.3 Trillion in April

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G-7 Central Bank Bond Buying Topped $1.3 Trillion in April

(Bloomberg) -- The coronavirus outbreak has pushed major central banks to take extreme steps to support growth and underpin financial stability. Across the Group of Seven, that’s included the return, or launch, of large-scale asset purchases. Taking March and April together, net purchases so far add up to $2.5 trillion, and there’s more to come, according to Bloomberg Economics.

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