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The Fed’s Bulging Balance Sheet

Perspectives Content Submission

Wed, 30 Jan 2013

The Federal Reserve announced the first phase of quantitative easing (QE) more than four years ago in November 2008. Shortly after that the central bank greatly expanded the first program in March 2009, and then later announced a second QE operation in November 2010, initiated two rounds of ÔÇťOperat

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