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The Federal Reserve (Fed) has raised interest rates from zero in March 2022 to 5.25-5.5% and has reduced its bond holdings from nearly USD9tn to USD7.8tn. While the Inflation…
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DOI: 10.1108/OXAN-DB283712
ISSN: 2633-304X
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Part of its policy tightening will involve reducing its balance sheet, which has expanded from just over USD4tn at end-2019 to almost USD9tn. The Fed stopped buying bonds last…
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DOI: 10.1108/OXAN-DB267913
ISSN: 2633-304X
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The announcement would mark the largest subnational bankruptcy in US history, with Puerto Rico facing debt obligations of 73 billion dollars from an array of public entities and…
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DOI: 10.1108/OXAN-DB220641
ISSN: 2633-304X
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A majority vote of the Senate is expected to approve the appointment by the end of January. Although already a Fed governor, Powell’s training is legal and his experience is…
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DOI: 10.1108/OXAN-DB225554
ISSN: 2633-304X
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Prospects for Canada to end-2021.