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Quantitative tightening

The Fed has come to rely on quantitative easing (QE) to calm financial markets and boost the economy during severe downturns. For QE to work in the future, QT must work now.

Opinion & Features

The Federal Reserve’s US$2.5 trillion question

Whether quantitative tightening – which isn’t merely the reverse of quantitative easing – will work gets to the heart of modern monetary policy.

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