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Charting the Fed’s Roadmap
The Federal Reserve (Fed) will face numerous challenges in the months and years ahead. Economic outp
ut will remain below potential for years to come as we deal with the pandemic and its long-term scarring effects.,
Fast-forward a decade into the future, and we may be shocked at what is considered sound central-bank policy.
, Equity Purchases: Stock prices and corporate credit spreads are highly correlated.
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