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Fed takes on role of world's central bank by pumping out dollars

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The Federal Reserve is acting as central banker to the world by seeking to provide the global financial system with the dollar liquidity it needs to avoid seizing up.

[WASHINGTON] The Federal Reserve is acting as central banker to the world by seeking to provide the global financial system with the dollar liquidity it needs to avoid seizing up.

In its latest measure to combat the economic fallout from the coronavirus pandemic, the Fed said Tuesday it...

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