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The Federal Reserve (Fed) may have lopped more than US$1 trillion off its balance sheet but it’s difficult to envisage a scenario where its bond holdings return to anywhere near pre-pandemic or pre-2008 levels. ....
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The Federal Reserve may have lopped more than $1 trillion off its balance sheet but it s difficult to envisage a scenario where its bond holdings return to anywhere near pre-pandemic or pre-2008. ....
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