Last week: “We want investors to price in risk like markets should” – Powell… Today: “Fed will begin buying broad portfolio of corporate bonds” – Bloomberg

The Federal Reserve is expanding its foray into corporate credit to now buy individual corporate bonds, on top of the exchange-traded funds it already is buying, the central bank announced Monday.

www.cnbc.com/2020/06/15/the-fed-says-it-is-going-to-start-buying-individual-corporate-bonds.html

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Financial communism

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