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Daily Archives: June 2, 2016

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European Central Bank To Begin Buying Corporate Bonds

UncategorizedBy Lewis SpellmanJune 2, 2016

In a bold new move to stimulate the European economy and stave off deflation, the European Central Bank (ECB) has announced that it will begin buying corporate bonds and carrying them on the bank’s balance sheet as an asset.  “Even our Federal Reserve didn’t go that far!” commented Dr. Lewis Spellman, Executive Vice-President & Macro-Economist for…

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