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For Fed's trillions in bonds, size isn't all that matters
Reuters: President Donald Trump last week called on the U.S. Federal Reserve to start building up its war chest of bonds again. He may get his wish - though not for the reason he wants.
The U.S. president on Friday said the Fed should cut rates and pursue an unconventional monetary policy called “quantitative easing” that was used to nurse the economy after the global financial crisis. The technique used from 2008 to 2014 involved buying trillions of government-sponsored bonds.
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