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Bank of England to Sell All Remaining Bonds and Use Repos Instead to Manage Liquidity & Financial Stability
by Wolf Richter, Wolf Street: Back to the future: With repos, not QE, is how central banks handled issues before 2008. The Fed also revived tools to go back into that direction. “The Bank of England is not alone in facing these choices. Central banks around the world are grappling with similar questions as crisis-era […]
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