The Fed Should Keep Its Tools in Their Place
Wrenches hang inside the turbine room at a power station in Australia. (Photographer: Carla Gottgens/Bloomberg)

The Fed Should Keep Its Tools in Their Place

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(Bloomberg Opinion) -- For the past year and a half, the U.S. Federal Reserve has been paring down the multi-trillion-dollar portfolio of securities it purchased to support the recovery from the 20...
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