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- W4242154308 abstract "Significance The Fed reduced interest rates to 0-0.25% and almost doubled the size of its balance sheet to offset some of the impact of the COVID-19 pandemic on the US economy but clear signs of economic activity rebounding are now prompting the Fed to look further out. Impacts The Fed will reassure markets that there will be no rate increases under virtually any circumstances in the next few years. Eventually the Fed will consider reducing the size of its balance sheet; this will require adroit management to avoid worrying investors. There appears to be little support at the Fed for negative rates; adopting yield-curve control remains possible if the recovery disappoints." @default.
- W4242154308 created "2022-05-12" @default.
- W4242154308 date "2020-09-21" @default.
- W4242154308 modified "2023-09-30" @default.
- W4242154308 title "Fed policy move will mean lower rates for even longer" @default.
- W4242154308 doi "https://doi.org/10.1108/oxan-db256345" @default.
- W4242154308 hasPublicationYear "2020" @default.
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